/PRNewswire/ Liquidation sales are underway at 115 Sears Hometown stores across 36 states and Puerto Rico an opportunity for shoppers to find discounts on.
Sears Authorized Hometown Stores LLC and an affiliate opened a Chapter 11 case in Delaware, lugging along more than $30 million in secured debt and planning an "orderly liquidation" at more than 120 dealer-owned and operated stores in 26 states and Puerto Rico.
Sears Authorized Hometown Stores, which licenses stores that sell its merchandise on consignment, accused a married couple who oversaw a Sears Hometown store of breaching their agreement and profiting off of the SAHS name after they opened a competing appliance store at the same location as the former Sears store.