https://www.themorningsun.com/2022/01/27/sears-hometown-store-in-mt-pleasant-is-expected-to-close
2 replies (most recent on top)
Sears has not washed it's hands of these places . They are partners in that Sears is supposed to provide them with inventory and services. They are tied at the hip and are a huge liability for Sears regarding the potential claims of breach of contract t the little guys getting screwed over.Many are operated by Corporate that were in effect, repossessed or turn back to Sears. This is a feast for litigation lawyers.
And yet Sears says these small franchises are the company's future.
Mostly "Independently owned and operated" stores according to the article. Sears has washed its hands of those places.