Sears Hometown and Outlet to close 80-100 more stores amid "significant doubt"

[retailisking]

They have issued a “substantial doubt” warning about their long-term future. They also acknowledge that the woes of Sears Holdings are weighing on SHOS.
https://www.prnewswire.com/news-releases/sears-hometown-and-outlet-stores-inc-reports-third-quarter-2018-results-300761644.html
http://secfilings.nasdaq.com/filingFrameset.asp?FilingID=13097629&RcvdDate=12/7/2018&CoName=SEARS%20HOMETOWN%20%26%20OUTLET%20STORES%2C%20INC.&FormType=10-Q&View=html

[shore72]

This has to test the faith of the franchisees. Without the drama, they seemed to be holding their own, though not setting the world on fire. I wasn't aware that some were corporate owned-I wonder what the percentage is? Long term I wonder if SHOS could be converted into a co-op owned by the local stores, like some hardware wholesalers?