New Sears Home Appliance Showroom Store Opens in Arvada

Local Retailer Offers Top Brand Home Appliance Merchandise at Guaranteed Lowest Price

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| Source: Sears Hometown and Outlet Stores, Inc.

ARVADA, Colo., June 24, 2014 (GLOBE NEWSWIRE) -- Sears Hometown and Outlet Stores, Inc. (Nasdaq:SHOS) will open its newest Colorado Sears Home Appliance Showroom on June 26 at 7705 Wadsworth Blvd. in Arvada. The new location will provide customers access to a full suite of top brand name home appliance merchandise and mattresses at the lowest prices, by the Company's price-match policy.

The Arvada location marks the fourth opening of a new Sears Home Appliance Showroom Store this year and the 14th opening of a new store across all of Sears Hometown and Outlet Stores formats.

"It's often challenging to find top-of-the-line home appliances for a reasonable price," said John Hurst, store manager of the new Sears Home Appliance Showroom in Arvada. "We offer the leading appliance brands, including exclusive Kenmore products, at a competitive price you just can't pass up."

Proving to be at the forefront of retail trends, Sears Hometown and Outlet Stores, Inc. is embracing the practice of "showrooming" that many big-box home improvement, home goods and appliance retailers are running away from. Through the Company's price-match policy, the Arvada Sears Home Appliance Showroom guarantees the lowest price on the top appliance brands, and is equipped with an internet kiosk where customers are guided by sales staff to view similar products, price match with other retailers, and order products not available in the store.

The Arvada Sears Home Appliance Showroom offers all of the top 10 appliance brands, including exclusive names like Kenmore® that can only be found in the store formats of Sears Hometown and Outlet Stores, Inc., Sears Holdings Corporation and its respective affiliates. In addition to offering Kenmore, the Arvada store is the only place in town where customers can find an incredible selection of Maytag®, KitchenAid®, Whirlpool®, Bosch®, Frigidaire® and GE® appliances, as well as a large assortment of mattresses. The Arvada location also offers installation and repair services from trained technicians.

The Sears Home Appliance Showroom store in Arvada can be reached at (303) 422-0549 and is open Monday through Saturday from 10 a.m. to 9 p.m. and on Sunday from 11 a.m. to 7 p.m. To learn more about Sears Home Appliance Showrooms, visit www.searshomeapplianceshowroom.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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