Sears parent company buying Sears Hometown and Outlet Stores, its former spinoff

The parent company of Sears, controlled by former Sears CEO Edward Lampert, is buying the rest of Sears Hometown and Outlet Stores that it doesn’t already own and reuniting the business with the Sears and Kmart stores.

Sears Hometown was spun off from Sears Holdings Corp., the former parent company…

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