KANSAS CITY, Mo. -- Revamping and remodeling in Kansas City, Sears Outlet Stores, a subsidiary of Sears Hometown and Outlet Stores, Inc. (Nasdaq: SHOS), has leased the former Sears location on E Front Street, expanding Outlet Store operations and services, while offering an economic boost with mass job creation.
Originally leased by Sears Holdings Corporation, the facility included warehousing, distribution, repair service and a Sears Outlet retail location. The lease of the 354,000 square foot property was taken over by Sears Hometown and Outlet Stores earlier this year. As Sears Holdings Corporation wound down its operations in this massive location, situated on railroad tracks, Sears Hometown and Outlet Stores saw the opportunity to expand and began repurposing and renovating the facilities in the Spring of 2014. The company expects to have the project complete and operations fine-tuned by early Fall of this year.