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Sears Hometown And Outlet Stores, Inc. Elects James F. Gooch To Board Of Directors

Stocks in this article: SHOS

HOFFMAN ESTATES, Ill., March 28, 2013 /PRNewswire/ -- Sears Hometown and Outlet Stores, Inc. (NASDAQ: SHOS) today announced the election of James F. Gooch to its Board of Directors and as Chair of the Audit Committee of the Board of Directors.

"We are delighted to add Jim Gooch's strong financial, analytical, and retail skills to our Board of Directors and Audit Committee.  As we continue to grow our business, we look forward to his leadership and contributions," said William R. Harker, Chairman of the Board of Directors of Sears Hometown and Outlet Stores, Inc.  "Mr. Gooch's extensive experience, knowledge, and understanding of retail and consumer-product businesses will help us accelerate our growth."

Mr. Gooch had served as President and Chief Executive Officer of RadioShack Corporation and prior to that as its Chief Financial Officer.  Earlier in his career he was employed by Helene Curtis, The Quaker Oats Company, Kmart Corporation, and Sears Holdings.  He is a Certified Public Accountant.

Mr. Gooch's election increases the number of directors to seven. 

About Sears Hometown and Outlet Stores, Inc.

Sears Hometown and Outlet Stores, Inc. is a national retailer primarily focused on selling home appliances, hardware, tools and lawn and garden equipment.  We operate through two segments--our Sears Hometown and Hardware segment ("Hometown") and our Sears Outlet segment ("Outlet").  Our Hometown stores are designed to provide our customers with in-store and online access to a wide selection of national brands of home appliances, tools, lawn and garden equipment, sporting goods and household goods, depending on the particular format.  Our Outlet stores are designed to provide our customers with in-store and online access to new, one-of-a-kind, out-of-carton, discontinued, obsolete, used, reconditioned, overstocked, and scratched and dented products across a broad assortment of merchandise categories, including home appliances, lawn and garden equipment, apparel, mattresses, sporting goods and tools at prices that are significantly lower than manufacturers' suggested retail prices. As of February 2, 2013, we and our dealers and franchisees operated 1,245 stores across all 50 states as well as in Puerto Rico and Bermuda.  Our principal executive offices are located at 5500 Trillium Boulevard, Suite 501, Hoffman Estates, Illinois 60192 and our telephone number is (847) 286-7000.

SOURCE Sears Hometown and Outlet Stores, Inc.

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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