ANZ Shares Hit Record High After Strong Q1 Profit and Cost-Cutting Gains 
U.S. Commerce Department Reaches $252 Million Settlement With Applied Materials Over China Exports 
More U.S. Investors Join Arbitration Against South Korea Over Coupang Dispute 
FAA Confirms $1.5 Billion Peraton Contract as U.S. Air Traffic Control Overhaul Accelerates 
Gates Foundation Denies Financial Ties to Jeffrey Epstein Following DOJ Email Release 
Russia Signals Further Restrictions on Telegram Amid Ongoing Regulatory Disputes 
Air New Zealand Cabin Crew Strike Set for February 12–13 Amid Failed Talks 
Standard Chartered Names Peter Burrill as Interim Group CFO Following Diego De Giorgi’s Exit 
Canadian Airlines Suspend Cuba Flights Amid Jet Fuel Shortage and U.S. Sanctions 
Ancora Holdings Builds $200M Stake in Warner Bros Discovery, Targets Netflix Asset Sale Plan 
Petrobras Posts Record Oil Exports as Production Surge Fuels Global Expansion 
Novocure Stock Surges 30% After FDA Approves Optune Pax for Pancreatic Cancer Treatment 
AST SpaceMobile Joins MSCI ACWI Index as Largest New Addition, Boosting Market Visibility 
Spirit Airlines Seeks Court Approval to Auction 20 Airbus A320/A321 Aircraft Amid Bankruptcy 
U.S. Judge Allows Jeffrey Epstein Sex Trafficking Lawsuit Against Bank of America to Proceed 
ByteDance Advances AI Chip Development With Samsung Manufacturing Talks 
xAI Co-Founder Jimmy Ba Departs as Elon Musk’s AI Startup Faces Turbulence 
HOFFMAN ESTATES, Ill., Nov. 10, 2017 -- Sears Hometown and Outlet Stores, Inc. (NASDAQ:SHOS) has announced each of its more than 1,000 stores across the United States will be closed on Thanksgiving Day (Nov. 23) 2017.
The closures will take place to give owners and associates of the independent, local businesses a chance to spend the day with their families.
“We understand the importance of spending time and creating memories with loved ones during the holidays so we want to ensure that our store owners and employees are given the opportunity to do so,” said Will Powell, Chief Executive Officer and President of Sears Hometown and Outlet Stores, Inc. “Not only does hitting the pause button during major holidays give them a chance to spend time with their families, but it encourages our customers to take that well-needed break as well.”
Black Friday pricing will be available on each of the company’s websites on Thanksgiving Day. “We are encouraging our customers who want to shop on Thanksgiving to use searshometown.com, searsoutlet.com or one of our other sites and to pick up their product in the store when it’s convenient for them,” said David Buckley, Chief Marketing Officer and Vice President of eCommerce. “If consumers want to spend the day with their families while helping other families, shoppers can receive exclusive Black Friday pricing before Thanksgiving Day with a donation to Make-A-Wish.” This year, with any $5 donation to Make-A-Wish, shoppers will receive exclusive Black Friday pricing at all Sears Outlet stores from November 16 - 22 and at all Sears Hometown, Sears Appliance & Hardware Stores, and Sears Home Appliance Showrooms from November 19-22. The stores will re-open for Black Friday (Nov. 24) and Small Business Saturday (Nov. 25).
“Being an independent, local retailer means focusing on families and the community,” said Bill Beaston, owner of the Sears Hometown in Middletown, Delaware. “Having the holiday off will allow us to spend time with our families and recharge for Black Friday and Small Business Saturday, a day designated to supporting small businesses and celebrating their benefit on local economies and communities.”
The closing of stores for Thanksgiving Day does not apply to stores operated by Sears Holdings Corporation. Sears Hometown and Outlet stores are largely independently owned and operate under a license to use the Sears brand name, but are not part of Sears Holdings Corporation. For more information or to find the nearest store, visit www.SHOS.com.
About Sears Hometown and Outlet Stores, Inc.
Sears Hometown and Outlet Stores, Inc. (NASDAQ:SHOS) is an independent national retailer, with a license to use the Sears brand name, primarily focused on selling home appliances, lawn and garden equipment, tools and hardware. As of April 29, 2017, Sears Hometown and Outlet Stores, Inc. and its dealers and franchisees operated 1,012 stores across all 50 states as well as in Puerto Rico and Bermuda.
In addition to merchandise, Sears Hometown and Outlet Stores, Inc. provides consumers with access to a full suite of services, including home delivery, installation and extended service contracts.
Sears Hometown and Outlet Stores, Inc. operates through two segments—the Sears Hometown and Hardware segment and the Sears Outlet segment. The Sears Hometown and Hardware segment’s stores are designed to provide customers with in-store and online access to a wide selection of national brands of home appliances, lawn and garden equipment, tools, sporting goods and household goods, depending on the particular store. The Sears Outlet stores are designed to provide customers with in-store and online access to purchase new, one-of-a-kind, out-of-carton, discontinued, reconditioned, overstocked and scratched and dented products across a broad assortment of merchandise categories, including home appliances, apparel, mattresses, sporting goods, tools and lawn and garden equipment at prices that are significantly lower than list prices.
For more information contact: Ellie Halter, Fishman Public Relations, at (847) 945-1300 or [email protected], or visit the corporate website at www.shos.com.
