Sears Hometown & Outlet Stores, Inc. engages in the sale of home appliances, hardware, tools and lawn, and garden equipment. It operates through Hometown, and Outlet segments. The Hometown segment consists of its hometown stores, hardware stores, home appliances showrooms,and buddy's home furnishing stores business formats. The Outlet segment offers in-store and online access to purchase new, one-of-a-kind, out-of-carton, discontinued, obsolete, used, reconditioned, overstocked, and scratched and dented products, collectively outlet-value products across a broad assortment of merchandise categories, including home appliances, mattresses, furniture, and lawn and garden equipment at value-oriented prices. The company was founded on April 23, 2012 and is headquartered in Hoffman Estates, IL.