New Sears Hometown Store Opens in Lexington

Local Retailer Offers Top Brand Home Appliances, Lawn and Garden Equipment, Tools, Mattresses, and More at Guaranteed Lowest Price

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| Source: Sears Hometown and Outlet Stores, Inc.

LEXINGTON, Ky., June 9, 2014 (GLOBE NEWSWIRE) -- Sears Hometown and Outlet Stores, Inc. (Nasdaq:SHOS) will open its newest Kentucky Sears Hometown Store on June 10 at 4228 Saron Drive in Lexington.

The Lexington location marks the 4th opening of a new Sears Hometown Store this year and the 12th opening of a new store across all of Sears Hometown and Outlet Stores formats.

"I've been with Sears Hometown for almost 20 years now and am both proud and excited to bring our products to a new community to fulfill high consumer demand in Lexington," stated Carl Day, owner of Sears Hometown Store Lexington. "Customers will benefit from the solid, expert product knowledge and great customer service we're bringing from our Danville store to Lexington. We try to make shopping as easy as possible for our customers, while also providing them with the largest selection of home appliances, tools, lawn and garden equipment and home electronics at the lowest possible price."

This unique store format allows customers in small communities to have access to the great products and brands usually found only in Sears stores. For instance, the new Sears Hometown Store in Lexington is the only place in town where customers can find an incredible selection of the top appliance brands such as Kenmore®, Maytag®, KitchenAid®, Whirlpool®, Bosch®, Frigidaire® and GE®, plus a large assortment of lawn and garden equipment, Craftsman® tools, fitness equipment, electronics, mattresses and more.

The Lexington team is excited to provide customers with professional advice, exceptional service and real-time price checks to make sure they receive the guaranteed lowest price. For instance, if a product is not available in-stores, Sears Hometown Store associates can order customers any product from the entire merchandise selection offered by Sears, including apparel, footwear, jewelry and much more. Customers also have the option to order products online and pick them up in the store without a shipping charge. The Lexington store also offers Sears Nationwide Service, Parts and Installation.

The Sears Hometown Store in Lexington can be reached at 859-271-0123 and is open Monday through Saturday from 9 a.m. to 7 p.m. and on Sunday from 12:30 p.m. to 5:30 p.m. To learn more about Sears Hometown Stores, visit www.searshometownstores.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 May 3, 2014, Sears Hometown and Outlet Stores, Inc. and its dealers and franchisees operated 1,250 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.

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