New Sears Home Appliance Showroom Store Opens in Monroeville

Local Retailer Offers Top Brand Home Appliance Merchandise at Guaranteed Lowest Price; Hosts Grand Opening Celebration July 11-12 With Discounts and Special Giveaways

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| Source: Sears Hometown and Outlet Stores, Inc.

MONROEVILLE, Pa., July 8, 2014 (GLOBE NEWSWIRE) -- Sears Hometown and Outlet Stores, Inc. (Nasdaq:SHOS) announces the opening of a new Sears Home Appliance Showroom store located at 3838 William Penn Highway in Monroeville, Pa.

The new store, which will provide customers with access to a full suite of top brand home appliance merchandise and mattresses at the lowest prices by the Company's price-match policy, is hosting its grand opening celebration July 11-12. The Monroeville team welcomes the local community to enjoy an additional discount of 10 percent off almost everything in the store* plus special giveaways, including a chance to win a free washer and dryer valued at $1,439.98.

The Monroeville location marks the third opening of a new Sears Home Appliance Showroom Store this year and the 10th opening of a new store across all of Sears Hometown and Outlet Stores formats.

"We're looking to fill a void in the Monroeville community by offering convenience and accessibility to great appliances at a competitive price," said Jeff Werner, store manager of the new Sears Home Appliance Showroom in Monroeville. "Local residents can expect to come in and have expert product knowledge right at their fingertips. From our highly skilled team members to onsite internet kiosks where they can read customer reviews and price check with other retailers – we try to make shopping as easy as possible for our customers."

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 a price-match policy, the Monroeville 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 Monroeville 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 Monroeville 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 Monroeville location also offers installation and repair services from trained technicians.

The Sears Home Appliance Showroom store in Monroeville can be reached at (412) 666-0130 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.

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

MEDIA CONTACT: Jayne Levy
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