Attention Bargain Hunters: New Sears Outlet Store Opens in Webster

Hosts Grand Opening Celebration March 28 Through March 30 With Discounts and Special Giveaways

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| Source: Sears Hometown and Outlet Stores, Inc.

WEBSTER, Texas, March 27, 2014 (GLOBE NEWSWIRE) -- Sears Hometown and Outlet Stores, Inc. (Nasdaq:SHOS) announces the opening of a new Sears Outlet Store located at 20750 Gulf Freeway in Webster, Texas.

Celebrating its grand opening March 28 through March 30, the Sears Outlet Store welcomes the local community to enjoy an additional discount of 10 percent off almost everything in the store* plus special giveaways, including a free pair of Coosh™ headphones with any purchase and the chance to win a free washer and dryer valued over $1,199.

"The new Sears Outlet in Webster will be a paradise for shoppers who love to bargain hunt," said Stephen Stark, owner of the new Sears Outlet store in Webster. "Our inventory is always changing, therefore our focus is to provide customers with exceptional customer service and a personalized in-store experience so they can find what they need and want. Customers can expect to find entry-level priced to high-end home appliances, grills, lawn mowers, patio furniture, small kitchen appliances, home goods and more – all from exclusive brands that typically can only be found in Sears stores."

Each Sears Outlet Store, on average, offers shoppers more than 18,000 square feet of retail space stocked with hundreds of items marked significantly lower than manufacturers' suggested retail prices. Each location provides customers in-store and online access to new, one-of-a-kind, discontinued, used, reconditioned, overstocked, and cosmetically blemished products across a broad assortment of merchandise categories—including home appliances, lawn and garden equipment, apparel, mattresses, sporting goods and tools.

In addition to discontinued and special-buy products, Sears Outlet offers reconditioned merchandise that undergoes a stringent testing process and, when necessary, have cosmetic parts replaced and/or repaired before becoming approved to be an Outlet Certified item. Customers purchasing a Certified Appliance or other item from a Sears Outlet Store should expect significant discounts off the original retail price, a fully functional and operational unit, and the assurance that the unit still meets Sears quality standards as the nation's leading retailer of appliances and appliance-related products. Customers also benefit from delivery and installation services offered by Sears Outlet.

The Sears Outlet Store in Webster can be reached at 281-316-5980 and is open Monday through Saturday from 9 a.m. to 9 p.m. and on Sunday from 10 a.m. to 7 p.m. To learn more about Sears Outlet Stores, visit http://www.searsoutlet.com/.

About Sears Hometown and Outlet Stores, Inc.

Sears Hometown and Outlet Stores, Inc. (Nasdaq:SHOS) is a national retailer primarily focused on selling home appliances, lawn and garden equipment, tools and hardware. As of November 3, 2013, Sears Hometown and Outlet Stores, Inc. and its dealers and franchisees operated 1,239 stores across all 50 states as well as in Puerto Rico and Bermuda. In addition to merchandise, Sears Hometown and Outlet Stores, Inc. provide consumers with access to a full suite of services, including home delivery, installation and extended service contracts.

Operating through two segments—the Sears Hometown and Hardware segment and the Sears Outlet segment—Sears Hometown and Outlet Stores, Inc. and its subsidiaries offer franchise and dealership opportunities focused on selling, as applicable, top brand home appliances, hardware, tools, lawn and garden equipment and outlet merchandise. For more information about Sears Hometown & Outlet Stores, Inc., visit www.shos.com. To learn about the opportunity to own and operate a store format, visit www.ownasearsstore.com.

* Subject to certain exclusions, as detailed in print ad promotions available in the store. Also, not available on price-matched merchandise.

MEDIA CONTACT: Tori Unger
Phone Number: 847-945-1300
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