PORTAGE, Ind., April 15, 2014 (GLOBE NEWSWIRE) -- Sears Hometown and Outlet Stores, Inc. (Nasdaq:SHOS) announces that the Sears Outlet Store located at 6169 US Route 6 in Portage, Ind. has new owners – Mike, Rick and Dan Gilbert. To celebrate its grand re-opening, the Sears Outlet Store of Portage welcomes the local community to stop by April 17-20 and enjoy an additional discount of 10 percent off almost everything in the store*, plus special giveaways. In addition to the Portage Sears Outlet Store, the Gilbert brothers own and operate six Sears Appliance & Hardware Stores and six Sears Home Appliance Showrooms. "The Portage community has been very welcoming, so we wanted to host this celebration to thank them for their continued support," Mike said. "Our goal is to simplify the Outlet shopping experience, so we have assembled a highly-trained staff that's ready to help guide customers around the store and teach them about the differences in brands or models. We want everyone to find exactly what they're looking for, at the lowest possible price." Each Sears Outlet Store, on average, offers shoppers more than 18,000 square feet of retail space stocked with hundreds of items marked significantly lower than manufacturers' suggested retail prices. Each location provides customers in-store and online access to new, one-of-a-kind, discontinued, used, reconditioned, overstocked, and cosmetically blemished products across a broad assortment of merchandise categories—including home appliances, lawn and garden equipment, apparel, mattresses, sporting goods and tools. In addition to discontinued and special-buy products, Sears Outlet offers reconditioned merchandise that undergoes a stringent testing process and, when necessary, have cosmetic parts replaced and/or repaired before becoming approved to be an Outlet Certified item. Customers purchasing a Certified Appliance or other item from a Sears Outlet Store should expect significant discounts off the original retail price, a fully functional and operational unit, and the assurance that the unit still meets Sears quality standards as the nation's leading retailer of appliances and appliance-related products. Customers also benefit from delivery and installation services offered by Sears Outlet.