Sears Outlet definition

Sears Outlet means the carve-out business acquired by us from Sears Hometown and Outlet Stores, Inc. on October 23, 2019. Sears Outlet was rebranded as American Freight Outlet following the acquisition of American Freight, and is included in the American Freight segment;

Examples of Sears Outlet in a sentence

  • Buyer and its Affiliates may continue to own and operate all Sears Outlet Stores owned and operated on the Effective Date without restriction.

  • Buyer is responsible for carriage only from Seller’s CRC’s to the Sears Outlet Stores.

  • Pennsylvania Sears Outlet Stores, L.L.C. Delaware and Puerto Rico Sears Protection Company Illinois Sears Protection Company (Florida), L.L.C. Florida Sears, Xxxxxxx and Co. New York, Puerto Rico and Guam Sears, Xxxxxxx de Puerto Rico, Inc.

  • Buyer may open, own, and operate after the Effective Date new Sears Outlet Stores without restriction.

  • Outlet stores – Sears Outlet stores offer clearance merchandise, primarily from the Company’s full-line department stores and Direct channel, as well as surplus big-ticket items from all channels.

  • For completed Product Services on “stock products” for Sears Outlet Stores and for Excluded No-Warranty Products, Buyer will pay Seller its charges specified in the Services Agreement.

  • Sears Authorized Hometown Stores, LLC, Sears Home Appliance Showrooms, LLC and Sears Outlet Stores, L.L.C.

  • Buyer’s Net Sales at Sears Hardware Stores and Sears Outlet stores do not factor into the calculation of Buyer’s Balance of Sales in the Home Appliance Category and such sales are not subject to the Kenmore Royalty Credit.

  • Sears Outlet Acquisition On October 23, 2019, the Company completed the acquisition of the Sears Outlet business from Sears Hometown and Outlet Stores, Inc.

  • Pennsylvania 2204417 Sears Outlet Stores, L.L.C. Delaware 4516559 Sears Protection Company Illinois 61825622 Sears Protection Company (Florida), L.L.C. Florida L03000020977 Sears, Xxxxxxx and Co. New York NONE Sears, Xxxxxxx de Puerto Rico, Inc.

Related to Sears Outlet

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