New era for independent Sears Hardware

An article in the Los Angeles Times pointed to some of the challenges of the new Sears Hometown and Outlet Stores as it spins off from Sears. 

One concern, according to an SEC filing is over its “ability to offer merchandise and services desirable to our customers and compete effectively in the highly competitive home appliance and hardware industries.” 

Sears Hometown and Outlet Stores, will trade on Nasdaq with the ticker symbol of “SHOS.” The spinoff is planned for Tuesday, Sept. 11.

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