Franchises are offered for the right to independently own and operate a retail store that sells merchandise the franchisor authorize and designate for sale under the Sears® name (and certain merchandise marks) on a consignment basis (either outright purchase or lease-to-own). The different Store models are Hometown Model (a store that offers merchandise and services, including home appliances, tools, sporting goods and household goods, that is designed to serve markets that may not support a full-service big-box retailer), Showroom Model (a store that primarily offers and sells home appliances and related merchandise that are on display in a showroom-type setting), Appliance & Hardware Model (a store that offers a wide selection of merchandise categories with a focus on the offer and sale of home appliances, lawn and garden equipment, tools, home improvement products and products typically found at a hardware store, and the provision of proprietary in-store services such as blade sharpening, key cutting and screen repair) and Outlet Model (a store that offers and sells outlet-value merchandise at prices that are typically lower than manufacturer’s suggested retail prices).
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