Sears Hometown & Outlet Stores (SHOS) 10-Q 10 Dec 13 2013 Q3 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information Document	9 Months Ended
	Nov. 02, 2013	Dec. 09, 2013
Document and Entity Information [Abstract]	'	'
Document Type	'10-Q	'
Amendment Flag	'false	'
Document Period End Date	2-Nov-13	'
Document Fiscal Year Focus	'2013	'
Document Fiscal Period Focus	'Q3	'
Entity Registrant Name	'Sears Hometown & Outlet Stores, Inc.	'
Entity Central Index Key	'0001548309	'
Current Fiscal Year End Date	'--02-01	'
Entity Filer Category	'Non-accelerated Filer	'
Entity Common Stock, Shares Outstanding	'	22,895,943

Condensed_Consolidated_Stateme

Condensed Consolidated Statements of Income (USD $)	3 Months Ended		9 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Nov. 02, 2013	Oct. 27, 2012	Nov. 02, 2013	Oct. 27, 2012
NET SALES	$561,068	$556,903	$1,819,084	$1,822,445
COSTS AND EXPENSES	'	'	'	'
Cost of sales and occupancy	425,596	418,490	1,380,966	1,365,347
Selling and administrative	121,698	122,054	379,815	368,031
Depreciation	2,177	2,282	6,569	6,815
Gain on the sale of assets	-1,567	0	-1,567	0
Total costs and expenses	547,904	542,826	1,765,783	1,740,193
Operating income	13,164	14,077	53,301	82,252
Interest income (expense)	-738	-70	-1,969	-111
Other income	460	382	1,306	968
Income before income taxes	12,886	14,389	52,638	83,109
Income tax expense	-5,191	-5,629	-20,812	-32,689
NET INCOME	$7,695	$8,760	$31,826	$50,420
NET INCOME PER COMMON SHARE ATTRIBUTABLE TO STOCKHOLDERS	'	'	'	'
Basic (in dollars per share)	$0.33	$0.38	$1.38	$2.18
Diluted (in dollars per share)	$0.33	$0.38	$1.38	$2.18
Basic weighted average common shares outstanding (in shares)	22,999	23,100	23,066	23,100
Diluted weighted average common shares outstanding (in shares)	22,999	23,100	23,070	23,100

Condensed_Consolidated_Balance

Condensed Consolidated Balance Sheets (USD $)	Nov. 02, 2013	Feb. 02, 2013	Oct. 27, 2012
In Thousands, unless otherwise specified
CURRENT ASSETS	'	'	'
Cash and cash equivalents	$21,487	$20,068	$21,841
Accounts receivable	17,207	10,986	13,905
Merchandise inventories	488,626	428,437	429,407
Prepaid expenses and other current assets	8,113	14,321	12,301
Total current assets	535,433	473,812	477,454
PROPERTY AND EQUIPMENT, net	49,544	53,383	54,088
GOODWILL	167,000	167,000	167,000
LONG-TERM DEFERRED TAXES	63,916	69,001	70,648
OTHER ASSETS	32,115	22,607	22,509
TOTAL ASSETS	848,008	785,803	791,699
CURRENT LIABILITIES	'	'	'
Short-term borrowings	87,900	20,000	47,100
Payable to Sears Holdings Corporation	57,414	79,491	77,687
Accounts payable	31,727	31,830	29,228
Other current liabilities	74,306	83,211	76,265
Current portion of capital lease obligations	1,082	1,463	1,499
Total current liabilities	252,429	215,995	231,779
CAPITAL LEASE OBLIGATIONS	98	769	870
OTHER LONG-TERM LIABILITIES	5,139	2,752	2,423
TOTAL LIABILITIES	257,666	219,516	235,072
COMMITMENTS AND CONTINGENCIES (Note 8)	'	'	'
STOCKHOLDERS' EQUITY	'	'	'
TOTAL STOCKHOLDERS' EQUITY	590,342	566,287	556,627
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$848,008	$785,803	$791,699

Condensed_Consolidated_Stateme1

Condensed Consolidated Statements of Cash Flows (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Nov. 02, 2013	Oct. 27, 2012
CASH FLOWS FROM OPERATING ACTIVITIES	'	'
Net income	$31,826	$50,420
Adjustments to reconcile net income to net cash provided by (used in) operating activities:	'	'
Depreciation	6,569	6,815
Share-based compensation	598	0
Gain on the sale of assets	-1,567	0
Change in operating assets and liabilities:	'	'
Accounts receivable	-16,216	-12,913
Merchandise inventories	-60,189	-35,749
Payable to Sears Holdings Corporation	-22,077	77,687
Accounts payable	-103	12,072
Store closing accruals	0	-2,179
Customer deposits	5,998	7,106
Deferred income taxes	15,520	-4,754
Other operating assets	1,246	43
Other operating liabilities	-15,767	-5,287
Net cash provided by (used in) operating activities	-54,162	93,261
CASH FLOWS FROM INVESTING ACTIVITIES	'	'
Proceeds from sales of property and investments	2,641	0
Purchases of property and equipment	-5,995	-5,524
Net cash used in investing activities	-3,354	-5,524
CASH FLOWS FROM FINANCING ACTIVITIES	'	'
Transfers to Sears Holdings Corporation	0	-12,264
Dividend paid to Sears Holdings Corporation	0	-100,000
Common stock repurchased and retired	-8,369	0
Payments of capital lease obligations	-596	-1,426
Short-term borrowings	988,800	100,100
Payments of short-term borrowings	-920,900	-53,000
Net cash provided by (used in) financing activities	58,935	-66,590
NET CHANGE IN CASH AND CASH EQUIVALENTS	1,419	21,147
CASH AND CASH EQUIVALENTSbBeginning of period	'	694
CASH AND CASH EQUIVALENTSbEnd of period	21,487	21,841
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION	'	'
Cash paid for interest	$2,012	$111

Condensed_Consolidated_Stateme2

Condensed Consolidated Statements of Stockholders' Equity (USD $)	Total	Common Stock [Member]	Capital in Excess of Par Value [Member]	Retained Earnings (accumulated deficit) [Member]	Divisional Equity prior to the Separation [Member]
In Thousands, except Share data, unless otherwise specified
Beginning balance at Jan. 28, 2012	$538,106	$0	$0	$0	$538,106
Beginning balance, Shares at Jan. 28, 2012	'	0	'	'	'
Increase (Decrease) in Stockholders' Equity [Roll Forward]	'	'	'	'	'
Net income	50,420	'	'	-179	50,599
Net transfer to Sears Holdings Corporation	-12,264	'	'	'	-12,264
Dividend paid to Sears Holdings Corporation	-100,000	'	'	'	-100,000
Reclassification of divisional equity to common stock and additional paid in capital in conjunction with the Separation	0	231	476,210	'	-476,441
Reclassification of divisional equity to common stock and additional paid in capital in conjunction with the Separation, shares	'	23,100,000	'	'	'
Tax adjustment related to the Separation	80,365	'	80,365	0	0
Ending balance at Oct. 27, 2012	556,627	231	556,575	-179	0
Ending balance, Shares at Oct. 27, 2012	'	23,100,000	'	'	'
Beginning balance at Feb. 03, 2013	'	'	'	'	'
Increase (Decrease) in Stockholders' Equity [Roll Forward]	'	'	'	'	'
Net income	31,826	'	'	31,826	'
Share-based compensation	598	1	597	'	'
Share-based compensation, Shares	'	88,000	'	'	'
Common stock repurchased and retired, shares	-8,369	-3	-6,728	-1,638	'
Common stock repurchased and retired	'	-279,000	'	'	'
Ending balance at Nov. 02, 2013	$590,342	$229	$550,444	$39,669	$0
Ending balance, Shares at Nov. 02, 2013	'	22,909,000	'	'	'

Background_and_Basis_of_Presen

Background and Basis of Presentation	9 Months Ended
	Nov. 02, 2013
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
BACKGROUND AND BASIS OF PRESENTATION	'
	BACKGROUND AND BASIS OF PRESENTATION
	Background
	Sears Hometown and Outlet Stores, Inc. is a national retailer primarily focused on selling home appliances, hardware, tools, and lawn and garden equipment. As of November 2, 2013 the Company and its dealers and franchisees operated 1,239 stores across all 50 states and in Puerto Rico and Bermuda. In these notes and in the other items of this Quarterly Report on Form 10-Q, the terms “we,” “us,” “our,” “SHO,” and the “Company” refer to Sears Hometown and Outlet Stores, Inc. and its subsidiaries.
	Description of the Separation
	On October 11, 2012, Sears Holdings Corporation (“Sears Holdings”) completed the separation of its Sears Hometown and Hardware and Sears Outlet businesses (the “Separation”). As part of the Separation on August 31, 2012, through a series of intercompany transactions, Sears Holdings and several of its subsidiaries transferred the assets and liabilities comprising the Sears Hometown and Hardware and Sears Outlet businesses to SHO, which was formed on April 23, 2012 as a wholly owned subsidiary of Sears Holdings. Effective upon the Separation, Sears Holdings ceased to own shares of our common stock, and thereafter our common stock began trading on the NASDAQ Stock Market under the trading symbol “SHOS.”
	As part of the Separation, Sears Holdings contributed to SHO equity intercompany balances due to/from Sears Holdings, which included amounts arising from pre-Separation purchases of merchandise inventories and which were included in Divisional Equity. After the Separation, the Company continues to purchase the majority of its merchandise inventories from Sears Holdings and amounts payable to Sears Holdings are reflected separately on the condensed consolidated balance sheet contained herein.
	Basis of Presentation
	These unaudited condensed consolidated financial statements include the accounts of the Company and its subsidiaries, all of which are wholly owned. These unaudited condensed consolidated financial statements do not include all of the information and footnotes required in annual consolidated financial statements prepared in accordance with accounting principles generally accepted in the United States of America. In the opinion of management, all adjustments (which include normal recurring adjustments) considered necessary for a fair presentation have been included. Operating results for the fiscal quarter ended November 2, 2013 are not necessarily indicative of the results that may be expected for the full fiscal year. These financial statements and related notes should be read in conjunction with the audited consolidated financial statements and notes thereto included in our Annual Report on Form 10-K for the fiscal year ended February 2, 2013.
	These unaudited condensed consolidated financial statements reflect for pre-Separation periods the Hometown and Hardware and Outlet businesses of Sears Holdings and, with respect to the pre-Separation periods, were derived from the consolidated financial statements and accounting records of Sears Holdings, principally representing the historical results of operations and the historical basis of assets and liabilities of the Company's business. As pre-Separation business operations of Sears Holdings, we did not maintain our own legal, tax, and certain other corporate support functions. In connection with the Separation, Sears Holdings and SHO entered into services agreements to provide SHO with certain support services under the terms described in Note 4. The costs and allocations charged to the Company by Sears Holdings do not necessarily reflect the costs of obtaining the services from unaffiliated third parties or of the Company providing the applicable services itself. The condensed consolidated financial statements contained herein may not be indicative of the Company’s financial position, operating results, and cash flows in the future or what they would have been if the Hometown and Hardware and Outlet businesses of Sears Holdings had been a stand-alone company during all periods prior to the Separation.
	In connection with the Separation we entered into an asset-based senior secured revolving credit facility (the “Senior ABL Facility”) with a group of financial institutions. The Senior ABL Facility provides for maximum borrowings (subject to availability under a borrowing base) of up to the aggregate commitments of all of the lenders, which as of November 2, 2013 totaled $250 million. Up to $75 million of the Senior ABL Facility is available for the issuance of letters of credit and up to $25 million is available for swingline loans. The Senior ABL Facility permits us to request commitment increases in an aggregate principal amount of up to $100 million. Availability under the Senior ABL Facility as of November 2, 2013 was $158.7 million with $87.9 million drawn and $3.4 million of letters of credit outstanding under the facility.
	We operate through two segments--our Sears Hometown and Hardware segment ("Hometown") and our Sears Outlet segment ("Outlet").
	Our fiscal year end is the Saturday closest to January 31 each year.  Our third fiscal quarter end is the Saturday closest to October 31 each year.  Fiscal year 2012 consisted of 53 weeks compared to fiscal year 2013, which consists of 52 weeks.  As a result of the extra week at the end of fiscal 2012, the fiscal 2013 calendar is shifted by one week compared to fiscal 2012.
	Fair Value of Financial Instruments
	We determine the fair value of financial instruments in accordance with standards pertaining to fair value measurements. Such standards define fair value and establish a framework for measuring fair value under GAAP. Under fair value measurement accounting standards, fair value is considered to be the exchange price in an orderly transaction between market participants to sell an asset or transfer a liability at the measurement date. We report the fair value of financial assets and liabilities based on the fair value hierarchy prescribed by accounting standards for fair value measurements, which prioritizes the inputs to valuation techniques used to measure fair value into three levels, as follows:
	Level 1 inputs—unadjusted quoted prices in active markets for identical assets or liabilities that we have the ability to access. An active market for the asset or liability is one in which transactions for the asset or liability occurs with sufficient frequency and volume to provide ongoing pricing information.
	Level 2 inputs—inputs other than quoted market prices included in Level 1 that are observable, either directly or indirectly, for the asset or liability. Level 2 inputs include, but are not limited to, quoted prices for similar assets or liabilities in an active market, quoted prices for identical or similar assets or liabilities in markets that are not active, and inputs other than quoted market prices that are observable for the asset or liability, such as interest rate curves and yield curves observable at commonly quoted intervals, volatilities, credit risk and default rates.
	Level 3 inputs—unobservable inputs for the asset or liability.
	Cash and cash equivalents (level 1), accounts receivable, short-term debt (level 2), merchandise payables, and accrued expenses are reflected in the Condensed Consolidated Balance Sheets at cost, which approximates fair value due to the short-term nature of these instruments. For short-term debt, the variable interest rate is a significant input in our fair value assessments.
	We measure certain non-financial assets and liabilities, including long-lived assets, at fair value on a non-recurring basis.
	The Company was not required to measure any other significant non-financial asset or liability at fair value as of November 2, 2013.

Other_Current_and_LongTerm_Lia

Other Current and Long-Term Liabilities	9 Months Ended
	Nov. 02, 2013
Payables and Accruals [Abstract]	'
OTHER CURRENT AND LONG-TERM LIABILITIES	'
	OTHER CURRENT AND LONG-TERM LIABILITIES
	Other current and long-term liabilities consist of the following:
	Thousands	November 2,		October 27,		February 2,
		2013		2012		2013
	Customer deposits	40,913		38,974		34,914
	Sales and other taxes	14,072		7,617		13,607
	Accrued expenses	13,267		12,733		24,703
	Warranty accrual	—		10,919		3,734
	Payroll and related items	11,193		8,423		9,005
	Store closing accrual	—		22		—
	Total other current and long-term liabilities	$	79,445	$	78,688	$	85,963

Income_Taxes

Income Taxes	9 Months Ended
	Nov. 02, 2013
Income Tax Disclosure [Abstract]	'
Income Taxes	'
	INCOME TAXES
	In connection with the Separation, SHO and Sears Holdings entered into a Tax Sharing Agreement that governs the rights and obligations of the parties with respect to pre-Separation and post-Separation tax matters. Under the Tax Sharing Agreement, Sears Holdings is responsible for any federal, state, or foreign income tax liability relating to tax periods ending on or before the Separation. For all periods after the Separation, the Company is responsible for any federal, state, or foreign tax liability. Current income taxes payable for any federal, state, or foreign income tax returns is reported in the period incurred.
	We account for uncertainties in income taxes according to accounting standards for uncertain tax positions. The Company is present in a large number of taxable jurisdictions and, at any point in time, can have audits underway at various stages of completion in one or more of these jurisdictions. We evaluate our tax positions and establish liabilities for uncertain tax positions that may be challenged by local authorities and may not be fully sustained, despite our belief that the underlying tax positions are fully supportable. Unrecognized tax benefits are reviewed on an ongoing basis and are adjusted in light of changing facts and circumstances, including progress of tax audits, developments in case law, and closings of statutes of limitation. Such adjustments are reflected in the tax provision as appropriate. Pursuant to the Tax Sharing Agreement, Sears Holdings is responsible for any unrecognized tax liability or benefit through the date of the Separation and the Company is responsible for any uncertain tax position after the Separation. For the 39 weeks ended November 2, 2013 and October 27, 2012, no unrecognized tax benefits have been identified and reflected in the financial statements.
	We classify interest expense and penalties related to unrecognized tax benefits and interest income on tax overpayments as components of income tax expense. As no unrecognized tax benefits have been identified and reflected in the condensed consolidated financial statements, no interest or penalties related to unrecognized tax benefits are reflected in the condensed consolidated balance sheets or statements of income.
	As of July 28, 2012 the assets and liabilities of the Sears Hometown and Hardware and Sears Outlet businesses were owned by, or were the responsibilities of, subsidiaries of Sears Holdings. On August 31, 2012, through a series of intercompany transactions, Sears Holdings and several of its subsidiaries transferred the assets and liabilities comprising the Sears Hometown and Hardware and the Sears Outlet businesses to SHO.  In connection with the intercompany transactions, for tax purposes the transferred assets and liabilities were stepped up to their estimated fair market values as of August 31, 2012, but for financial statement purposes the book value of the assets and liabilities remained unchanged at their historical cost bases. As of November 2, 2013 the Company's net deferred tax asset balance was $61.1 million compared to $79.8 million as of October 27, 2012.

Related_Party_Agreements

Related Party Agreements	9 Months Ended
	Nov. 02, 2013
Related Party Transactions [Abstract]	'
RELATED PARTY AGREEMENTS	'
	RELATED-PARTY AGREEMENTS AND TRANSACTIONS
	According to a Schedule 13D/A filed on June 12, 2013 with the Securities and Exchange Commission, ESL Investments, Inc. and its investment affiliates, including Edward S. Lampert (collectively, “ESL”), beneficially owned on the filing date approximately 48% of our outstanding shares of common stock. Based on publicly available information, ESL beneficially owns approximately 48% of Sears Holdings' outstanding shares of common stock.
	In connection with the Separation, we entered into various agreements with Sears Holdings (the "SHO-Sears Holdings Agreements") that, among other things, (1) govern specified aspects of our relationship with Sears Holdings following the Separation, (2) establish terms under which subsidiaries of Sears Holdings provide services to us, and (3) establish terms pursuant to which subsidiaries of Sears Holdings obtain merchandise inventories for us. The terms of the SHO-Sears Holdings Agreements were agreed to prior to the Separation in the context of a parent-subsidiary relationship and in the overall context of the Separation. The Company engages in frequent discussions with Sears Holdings about the terms and conditions of the SHO-Sears Holdings Agreements, the business relationships that are reflected in the SHO-Sears Holdings Agreements, and the details of these business relationships, many of which details are not addressed by the terms and conditions of the SHO-Sears Holdings Agreements. These discussions from time to time result in adjustments to the relationships that the Company believes together are in Company's best interests.
	On December 9, 2013 the Company entered into additional agreements with Sears Holdings (the "December 9 Agreements") that were intended to resolve disputes regarding the terms and conditions of the SHO-Sears Holdings Agreements. See Part II, Item 5 of this Quarterly Report on Form 10-Q for a description of the December 9 Agreements.
	The following is a summary of the nature of the related-party transactions between SHO and Sears Holdings:
	•	SHO receives commissions from Sears Holdings for specified sales of merchandise made through www.sears.com and www.searsoutlet.com, the sale of extended service contracts, delivery and handling services, and relating to the use in our stores of credit cards branded with the Sears name. For certain transactions SHO pays a commission to Sears Holdings.
	•	We obtain a significant amount of our merchandise inventories from Sears Holdings, leveraging the benefit of the Sears Holdings purchasing activities. We have a retailer's customary rights to return to Sears Holdings merchandise that is defective (except with respect to agreed-upon amounts of defective apparel that we purchase and then liquidate) or otherwise does not meet contract requirements. In addition, we may determine that an item of Outlet merchandise (usually merchandise that is not new in-box) we have received from Sears Holdings cannot be refurbished or reconditioned or is otherwise not in a physical condition to offer for sale to our customers. We and Sears Holdings (and our Outlet vendors generally) refer to an item of merchandise in this condition as “not saleable” or "non-saleable," and in the normal course we can return the item to Sears Holdings. We generally have comparable return rights with our other Outlet vendors.
	•	We pay royalties related to our sale of products branded with the KENMORE®, CRAFTSMAN®, and DIEHARD® marks (which marks are owned by subsidiaries of Sears Holdings).
	•	We pay fees for participation in Sears Holdings' SHOP YOUR WAY REWARDS® program.
	•	We have also entered into agreements with Sears Holdings for logistics, handling, warehouse, and transportation services, the charges for which are based on merchandise inventory units.
	•	Sears Holdings provides the Company with specified corporate services. These services include accounting and finance, human resources, information technology, and real estate. Sears Holdings charges the Company for these corporate services based on actual usage or a pro rata charge based upon sales, head count, or square footage.
	The following table summarizes the results of the transactions with Sears Holdings reflected in the Company’s Condensed Consolidated Financial Statements:
			13 Weeks Ended				39 Weeks Ended
			November 2,		October 27,		November 2,		October 27,
	Thousands		2013		2012		2013		2012
	Net Commissions from Sears Holdings Corporation (1)		$	21,424	$	20,497	$	68,327	$	63,967
	Purchases related to cost of sales and occupancy		419,022		366,855		1,293,931		1,235,105
	Services		5,566		6,697		15,978		14,594
	(1) We reduced the amounts presented for the 13 weeks ended October 27, 2012, the 39 weeks ended November 2, 2013, and the 39 weeks ended October 27, 2012 to exclude all transactions in which SHO received the entire sales revenue for on-line sales made to unrelated third-parties that were generated through Sears Holdings' websites. The excluded amounts for the 13 weeks ended October 27, 2012, the 39 weeks ended November 2, 2013, and the 39 weeks ended October 27, 2012 were $15.4 million, $47.2 million, and $53.3 million, respectively.
	Following the Separation we incur payables to Sears Holdings for merchandise inventory purchases and service and occupancy charges (net of commissions) based on our Separation agreements.  Amounts due to or from Sears Holdings are non-interest bearing, settled on a net basis, and have payments terms of 10 days after the invoice date. Prior to the Separation these amounts were recorded and settled through intercompany transfers to Sears Holdings.

Store_Closing_Charges_and_Seve

Store Closing Charges and Severance Costs	9 Months Ended
	Nov. 02, 2013
Restructuring and Related Activities [Abstract]	'
STORE CLOSING CHARGES AND SEVERANCE COSTS	'
	STORE CLOSING CHARGES AND SEVERANCE COSTS
	In accordance with accounting standards that govern costs associated with exit or disposal activities, expenses related to future rent payments for which the Company no longer intends to receive any economic benefit are accrued for when we cease to use the leased space and have been reduced for any income that the Company believes can be realized through subleasing the leased space. During the third quarter of 2013, we closed 27 stores which did not require additional store-closing or severance reserves.
	Store closing activity recorded during the 39-week period ended October 27, 2012, and the remaining store closing accrual was as follows:
	Thousands		Markdowns (1)			Severance			Lease			Other			Total
						Costs (2)			Termination			Costs (2)
									Costs (2)
	Balance at January 28, 2012		$	8,147		$	150		$	56		$	1,995		$	10,348
	Store closing costs		—			—			797			—			797
	Payments/utilizations		(8,147		)	(150		)	(831		)	(1,995		)	(11,123		)
	Balance at October 27, 2012		$	—		$	—		$	22		$	—		$	22
	-1	This store closing activity is recorded within Cost of sales and occupancy on the Condensed Consolidated Statements of Income and remaining store closing cost accruals are reported within Merchandise inventories on the Condensed Consolidated Balance Sheets.
	-2	This store closing activity is recorded within Selling and administrative on the Condensed Consolidated Statements of Income and remaining store closing cost accruals are reported within Other current liabilities on the Condensed Consolidated Balance Sheets.

Financing_Arrangements

Financing Arrangements	9 Months Ended
	Nov. 02, 2013
Debt Disclosure [Abstract]	'
Financing Arrangements	'
	FINANCING ARRANGEMENT
	Under the Senior ABL Facility the Company initially borrowed $100 million, which was used to pay a cash dividend to Sears Holdings prior to the Separation. As of November 2, 2013 we had $87.9 million outstanding under the Senior ABL Facility, which approximated the fair value of these borrowings. The Senior ABL Facility provides (subject to availability under a borrowing base) for maximum borrowings up to the aggregate commitments of all of the lenders, which as of November 2, 2013 totaled $250 million. Up to $75 million of the Senior ABL Facility is available for the issuance of letters of credit and up to $25 million is available for swingline loans. The Senior ABL Facility permits us to request commitment increases in an aggregate principal amount of up to $100 million. Availability under the Senior ABL Facility as of November 2, 2013 was $158.7 million, with $3.4 million of letters of credit outstanding under the facility.
	The principal terms of the Senior ABL Facility are summarized below.
	Senior ABL Facility
	Maturity; Amortization and Prepayments
	The Senior ABL Facility will mature on the earlier of (i) October 11, 2017 or (ii) six months prior to the expiration of our Merchandising Agreement dated August 8, 2012 with Sears Holdings, Sears Holdings Management Corporation, and Kmart Corporation (the "Merchandising Agreement") and the other agreements with Sears Holdings or its subsidiaries in connection with the Separation that are specified in the Senior ABL Facility, unless such agreements have been extended to a date later than October 11, 2017 or terminated on a basis reasonably satisfactory to the administrative agent under the Senior ABL Facility.
	The Senior ABL Facility is subject to mandatory prepayment in amounts equal to the amount by which the outstanding extensions of credit exceed the lesser of the borrowing base and the commitments then in effect.
	Guarantees; Security
	The obligations under the Senior ABL Facility are guaranteed by us and each of our existing and future direct and indirect wholly owned domestic subsidiaries (subject to certain exceptions). The Senior ABL Facility and the guarantees thereunder are secured by a first priority security interest in certain assets of the borrowers and guarantors consisting primarily of accounts receivable, inventory, cash, cash equivalents, deposit accounts, and securities accounts, as well as certain other assets (other than intellectual property) ancillary to the foregoing and all proceeds of all of the foregoing, including cash proceeds and the proceeds of applicable insurance.
	Interest; Fees
	The interest rates per annum applicable to the loans under the Senior ABL Facility are based on a fluctuating rate of interest measured by reference to, at our election, either (1) an adjusted London inter-bank offered rate ("adjusted LIBOR") plus a borrowing margin or (2) an alternate base rate plus a borrowing margin, with the borrowing margin subject to adjustment based on the average excess availability under the Senior ABL Facility for the preceding fiscal quarter. The interest rate was 4.25% at November 2, 2013.
	Customary fees are payable in respect of the Senior ABL Facility, including letter of credit fees and commitment fees.
	Covenants
	The Senior ABL Facility includes a number of covenants that, among other things, limit or restrict our ability to, subject to specified exceptions, incur additional indebtedness (including guarantees), grant liens, make investments, make prepayments on other indebtedness, engage in mergers, or change the nature of our business.
	The Senior ABL Facility limits SHO's ability to declare and pay cash dividends and repurchase its common stock. SHO may declare and pay cash dividends to its stockholders and may repurchase stock if the following conditions are satisfied: either (a) (i) no specified default then exists or would arise as a result of the declaration or payment of the cash dividend or as a result of the stock repurchase, (ii) SHO and its subsidiaries that are also borrowers have demonstrated to the reasonable satisfaction of the agent for the lenders that monthly availability (as determined in accordance with the Senior ABL Facility), immediately following the declaration and payment of the cash dividend or the stock repurchase and as projected on a pro forma basis for the twelve months following and after giving effect to the declaration and payment of the cash dividend or the stock repurchase, would be at least equal to the greater of (x) 25% of the Loan Cap (which is the lesser of (A) the aggregate commitments of the lenders and (B) the borrowing base) and (y) $50,000,000, and (iii) after giving pro forma effect to the declaration and payment of the cash dividend or the stock repurchase as if it constituted a specified debt service charge, the specified consolidated fixed charge coverage ratio, as calculated on a trailing twelve months basis, would be equal to or greater than 1.1:1.0, or (b) (i) no specified default then exists or would arise as a result of the declaration or payment of the cash dividend or the stock repurchase, (ii) payment of the cash dividend or the stock repurchase is not made with the proceeds of any credit extension under the Senior ABL Facility, (iii) during the 120-day period prior to declaration and payment of the cash dividend or the stock repurchase, no credit extension was outstanding under the Senior ABL Facility, and (iv) SHO demonstrates to the reasonable satisfaction of the agent for the lenders that, on a pro forma and projected basis, no credit extensions would be outstanding under the Senior ABL Facility for the 120-day period following the declaration and payment of the cash dividend or the stock repurchase.
	The Senior ABL Facility also contains certain affirmative covenants, including financial and other reporting requirements.
	Events of Default
	The Senior ABL Facility includes customary events of default including non-payment of principal, interest or fees, violation of covenants, inaccuracy of representations or warranties, cross default to certain other material indebtedness, bankruptcy and insolvency events, invalidity or impairment of guarantees or security interests, material judgments, and change of control.

Summary_of_Segment_Data

Summary of Segment Data	9 Months Ended
	Nov. 02, 2013
Segment Reporting [Abstract]	'
SUMMARY OF SEGMENT DATA	'
	SUMMARY OF SEGMENT DATA
	The Hometown reportable segment consists of the aggregation of our Hometown Stores, Hardware Stores, and Home Appliance Showroom business formats described below in “Item 2 Management's Discussion and Analysis of Financial Condition and Results of Operations-Executive Overview.” The Outlet reportable segment also represents an operating format. The Outlet reportable segment reclassified $3.7 million and $10.0 million for the 13 weeks and 39 weeks ended November 2, 2013, respectively, of distribution center costs that were previously reflected in selling and administrative expense and now are reflected in cost of sales and occupancy. Amounts for the comparable 39 weeks ended October 27, 2012 have not been adjusted for the reclassification because it is impracticable to do so. These segments are evaluated by our Chief Operating Decision Maker to make decisions about resource allocation and to assess performance. Each of these segments derives its revenues from the sale of merchandise and related services to customers, primarily in the U.S. The net sales categories include appliances, lawn and garden, tools and paint, and other (which includes initial franchise revenue of $7.8 million and $1.5 million for the 13 weeks ended November 2, 2013 and the 13 weeks ended October 27, 2012, respectively). For the 39 weeks ended November 2, 2013, initial franchise revenue (which consists of franchise fees paid with respect to new or existing Company-operated stores we transfer to franchisees plus the net gain or loss on any related transfer of assets to the franchisees) was $14.8 million compared to $11.2 million in the 39 weeks ended October 27, 2012.
		13 Weeks Ended November 2, 2013
	Thousands	Hometown			Outlet			Total
	Net sales
	Appliances	$	289,834		$	115,386		$	405,220
	Lawn and garden	59,049			5,843			64,892
	Tools and paint	44,516			3,458			47,974
	Other	19,772			23,210			42,982
	Total	413,171			147,897			561,068
	Costs and expenses
	Cost of sales and occupancy	318,362			107,234			425,596
	Selling and administrative	94,818			26,880			121,698
	Depreciation	760			1,417			2,177
	Gain on the sale of assets				(1,567		)	(1,567		)
	Total	413,940			133,964			547,904
	Operating income	$	(769	)	$	13,933		$	13,164
	Total assets	$	657,019		$	190,989		$	848,008
	Capital expenditures	$	1,341		$	2,259		$	3,600
		13 Weeks Ended October 27, 2012
	Thousands	Hometown			Outlet			Total
	Net sales
	Appliances	$	275,827		$	112,076		$	387,903
	Lawn and garden	64,703			5,512			70,215
	Tools and paint	45,501			3,770			49,271
	Other	28,954			20,560			49,514
	Total	414,985			141,918			556,903
	Costs and expenses
	Cost of sales and occupancy	316,820			101,670			418,490
	Selling and administrative	94,149			27,905			122,054
	Depreciation	797			1,485			2,282
	Total	411,766			131,060			542,826
	Operating income	$	3,219		$	10,858		$	14,077
	Total assets	$	648,341		$	143,358		$	791,699
	Capital expenditures	$	1,172		$	980		$	2,152
		39 Weeks Ended November 2, 2013
	Thousands	Hometown			Outlet			Total
	Net sales
	Appliances	$	868,489		$	362,600		$	1,231,089
	Lawn and garden	280,029			20,938			300,967
	Tools and paint	138,996			10,063			149,059
	Other	74,394			63,575			137,969
	Total	1,361,908			457,176			1,819,084
	Costs and expenses
	Cost of sales and occupancy	1,040,750			340,216			1,380,966
	Selling and administrative	299,175			80,640			379,815
	Depreciation	2,372			4,197			6,569
	Gain on the sale of assets				(1,567		)	(1,567		)
	Total	1,342,297			423,486			1,765,783
	Operating income	$	19,611		$	33,690		$	53,301
	Total assets	$	657,019		$	190,989		$	848,008
	Capital expenditures	$	2,711		$	3,284		$	5,995
		39 Weeks Ended October 27, 2012
	Thousands	Hometown			Outlet			Total
	Net sales
	Appliances	$	845,502		$	337,447		$	1,182,949
	Lawn and garden	306,420			15,669			322,089
	Tools and paint	148,988			10,087			159,075
	Other	102,308			56,024			158,332
	Total	1,403,218			419,227			1,822,445
	Costs and expenses
	Cost of sales and occupancy	1,066,728			298,619			1,365,347
	Selling and administrative	287,400			80,631			368,031
Depreciation	2,423			4,392			6,815
Total	1,356,551			383,642			1,740,193
Operating income	$	46,667		$	35,585		$	82,252
Total assets	$	648,341		$	143,358		$	791,699
Capital expenditures	$	1,785		$	3,739		$	5,524

Commitments_and_Contingencies

Commitments and Contingencies	9 Months Ended
	Nov. 02, 2013
Commitments and Contingencies Disclosure [Abstract]	'
COMMITMENTS AND CONTINGENCIES	'
	COMMITMENTS AND CONTINGENCIES
	We are subject to various legal and governmental proceedings arising out of the ordinary course of business, the outcome of which, individually or in the aggregate, in the opinion of management, would not have a material adverse effect on our business, financial position, results of operations, or cash flows.

Recent_Accounting_Pronouncemen

Recent Accounting Pronouncements	9 Months Ended
	Nov. 02, 2013
Accounting Changes and Error Corrections [Abstract]	'
RECENT ACCOUNTING PRONOUNCEMENTS	'
	RECENT ACCOUNTING PRONOUNCEMENTS
	Disclosures about Reclassification Adjustments out of Accumulated Other Comprehensive Income
	In February 2013, the Financial Accounting Standards Board (“FASB”) issued an accounting standards update which adds new disclosure requirements for items reclassified out of accumulated other comprehensive income. The update requires entities to disclose additional information about reclassification adjustments, including changes in accumulated other comprehensive income balances by component and significant items reclassified out of accumulated other comprehensive income. This update was effective and adopted by the Company in the first quarter of 2013 and did not have an impact on the Company's consolidated financial position, results of operations or cash flows.
	Testing Indefinite-Lived Intangible Assets for Impairment
	In July 2012, the FASB issued an accounting standards update which provides, subject to certain conditions, the option to perform a qualitative, rather than quantitative, assessment to determine whether it is more likely than not that the fair value of an indefinite-lived intangible asset is less than its carrying amount. This update was effective and adopted by the Company in the first quarter of 2013 and did not have an impact on the Company's consolidated financial position, results of operations, or cash flows.

Income_Per_Common_Share

Income Per Common Share	9 Months Ended
	Nov. 02, 2013
Earnings Per Share [Abstract]	'
INCOME PER COMMON SHARE	'
	INCOME PER COMMON SHARE
	Basic income per common share is calculated by dividing net income by the weighted average number of common shares outstanding for each period. Diluted income per common share also includes the dilutive effect of potential common shares. In connection with the Separation, stockholders purchased from Sears Holdings a total of 23.1 million shares of our common stock upon the exercise of subscription rights distributed to Sears Holdings' stockholders. This share amount has been utilized for the calculation of basic and diluted income per share for all periods prior to the Separation.
	The following table sets forth the components used to calculate basic and diluted income per common share attributable to our stockholders.
		13 Weeks Ended		13 Weeks Ended		39 Weeks Ended		39 Weeks Ended
		November 2, 2013		October 27, 2012		November 2, 2013		October 27, 2012
	Thousands except income per common share
	Basic weighted average shares	22,999		23,100		23,066		23,100
	Dilutive effect of restricted stock	—		—		4		—
	Diluted weighted average shares	22,999		23,100		23,070		23,100
	Net income	$	7,695	$	8,760	$	31,826	$	50,420
	Income per common share:
	Basic	$	0.33	$	0.38	$	1.38	$	2.18
	Diluted	$	0.33	$	0.38	$	1.38	$	2.18

Equity

Equity	9 Months Ended
	Nov. 02, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]	'
EQUITY	'
	EQUITY
	Stock-based Compensation
	At the Company's Annual Meeting of Stockholders held on May 14, 2013 the stockholders approved the Sears Hometown and Outlet Stores, Inc. Amended and Restated 2012 Stock Plan. Four million shares of the Company's common stock are reserved for issuance under the plan. A total of 89,221 shares of restricted stock were granted in the second quarter of 2013 under the plan to a group of eligible individuals (as defined in the plan), all of whom are employees of the Company. We are authorized to grant stock options and to make other awards to eligible plan participants pursuant to the Amended and Restated 2012 Stock Plan. The Company has made no stock-option or other awards under the plan.
	We account for stock-based compensation using the fair value method in accordance with accounting standards regarding share-based payment transactions. During the second and third quarters of 2013 we recorded $0.6 million in total compensation expense related to the 87,841 shares of restricted stock (none of which had vested and 1,380 had been forfeited as of November 2, 2013). At November 2, 2013, we had $3.3 million in total unrecognized compensation cost related to the 87,841 shares of non-vested restricted stock, which cost we expect to recognize over approximately the next 2.50 years.
	The 87,841 shares of restricted stock will vest, if at all, on May 16, 2016 in accordance with and subject to the terms and conditions of restricted-stock agreements, including forfeiture conditions, and the Amended and Restated 2012 Stock Plan. The fair value of these awards is equal to the market price of our common stock on the date of grant. We do not currently have a broad-based program that provides for restricted-stock awards on an annual basis. Changes in restricted-stock awards for 2013 were as follows:
		39 Weeks Ended November 2, 2013
	(Shares in Thousands)	Shares		Weighted-Average Fair Value on Date of Grant
	Beginning of year balance	—		—
	Granted	89		$	44.45
	Vested	—		—
	Forfeited	(1	)	44.45
	Balance at 11/2/2013	88		$	44.45
	The aggregate fair value of the shares granted based on the weighted average fair value at the date of grant was $3.9 million.
	Share Repurchase Program
	On August 28, 2013 the Company's Board of Directors authorized a $25 million repurchase program for the Company's outstanding shares of common stock. The timing and amount of repurchases depend on various factors, including market conditions, the Company's capital position and internal cash generation, and other factors. The Company's repurchase program does not include specific price targets, may be executed through open-market, privately negotiated, and other transactions that may be available, and may include utilization of Rule 10b5-1 plans. The repurchase program does not obligate the Company to repurchase any dollar amount, or any number of shares, of common stock. The repurchase program does not have a termination date, and the Company may suspend or terminate the repurchase program at any time. During the third quarter of 2013 the Company adopted a Rule 10b5-1 plan that terminates on December 6, 2013.
	Shares that are repurchased by the Company pursuant to the repurchase program will be retired and resume the status of authorized and unissued shares of common stock.
	During the 13 week period ended November 2, 2013, we repurchased 279,247 shares of our common stock at a total cost of $8.4 million under the repurchase program. Our repurchases for the 13-week period ended November 2, 2013 were made at an average price of $29.97. At November 2, 2013 we had $16.6 million of remaining authorization under the repurchase program. From November 4, 2013 through December 5, 2013, we repurchased 12,651 shares of the Company's common stock for approximately $0.3 million, which brought total repurchases under the repurchase program to approximately $8.7 million.

Other_Current_and_LongTerm_Lia1

Other Current and Long-Term Liabilities (Tables)	9 Months Ended
	Nov. 02, 2013
Payables and Accruals [Abstract]	'
Schedule of Accrued Expenses and Other Long-term Liabilities	'
	Other current and long-term liabilities consist of the following:
	Thousands	November 2,		October 27,		February 2,
		2013		2012		2013
	Customer deposits	40,913		38,974		34,914
	Sales and other taxes	14,072		7,617		13,607
	Accrued expenses	13,267		12,733		24,703
	Warranty accrual	—		10,919		3,734
	Payroll and related items	11,193		8,423		9,005
	Store closing accrual	—		22		—
	Total other current and long-term liabilities	$	79,445	$	78,688	$	85,963

Related_Party_Agreements_Table

Related Party Agreements (Tables)	9 Months Ended
	Nov. 02, 2013
Related Party Transactions [Abstract]	'
Schedule of Related Party Transactions	'
	The following table summarizes the results of the transactions with Sears Holdings reflected in the Company’s Condensed Consolidated Financial Statements:
		13 Weeks Ended				39 Weeks Ended
		November 2,		October 27,		November 2,		October 27,
	Thousands	2013		2012		2013		2012
	Net Commissions from Sears Holdings Corporation (1)	$	21,424	$	20,497	$	68,327	$	63,967
	Purchases related to cost of sales and occupancy	419,022		366,855		1,293,931		1,235,105
	Services	5,566		6,697		15,978		14,594
	(1) We reduced the amounts presented for the 13 weeks ended October 27, 2012, the 39 weeks ended November 2, 2013, and the 39 weeks ended October 27, 2012 to exclude all transactions in which SHO received the entire sales revenue for on-line sales made to unrelated third-parties that were generated through Sears Holdings' websites. The excluded amounts for the 13 weeks ended October 27, 2012, the 39 weeks ended November 2, 2013, and the 39 weeks ended October 27, 2012 were $15.4 million, $47.2 million, and $53.3 million, respectively.

Store_Closing_Charges_and_Seve1

Store Closing Charges and Severance Costs (Tables)	9 Months Ended
	Nov. 02, 2013
Restructuring and Related Activities [Abstract]	'
Schedule of Closing Cost Accruals	'
	Store closing activity recorded during the 39-week period ended October 27, 2012, and the remaining store closing accrual was as follows:
	Thousands		Markdowns (1)			Severance			Lease			Other			Total
						Costs (2)			Termination			Costs (2)
									Costs (2)
	Balance at January 28, 2012		$	8,147		$	150		$	56		$	1,995		$	10,348
	Store closing costs		—			—			797			—			797
	Payments/utilizations		(8,147		)	(150		)	(831		)	(1,995		)	(11,123		)
	Balance at October 27, 2012		$	—		$	—		$	22		$	—		$	22
	-1	This store closing activity is recorded within Cost of sales and occupancy on the Condensed Consolidated Statements of Income and remaining store closing cost accruals are reported within Merchandise inventories on the Condensed Consolidated Balance Sheets.
	-2	This store closing activity is recorded within Selling and administrative on the Condensed Consolidated Statements of Income and remaining store closing cost accruals are reported within Other current liabilities on the Condensed Consolidated Balance Sheets.

Summary_of_Segment_Data_Tables

Summary of Segment Data (Tables)	9 Months Ended
	Nov. 02, 2013
Segment Reporting [Abstract]	'
Schedule of Segment Data	'
		13 Weeks Ended November 2, 2013
	Thousands	Hometown			Outlet			Total
	Net sales
	Appliances	$	289,834		$	115,386		$	405,220
	Lawn and garden	59,049			5,843			64,892
	Tools and paint	44,516			3,458			47,974
	Other	19,772			23,210			42,982
	Total	413,171			147,897			561,068
	Costs and expenses
	Cost of sales and occupancy	318,362			107,234			425,596
	Selling and administrative	94,818			26,880			121,698
	Depreciation	760			1,417			2,177
	Gain on the sale of assets				(1,567		)	(1,567		)
	Total	413,940			133,964			547,904
	Operating income	$	(769	)	$	13,933		$	13,164
	Total assets	$	657,019		$	190,989		$	848,008
	Capital expenditures	$	1,341		$	2,259		$	3,600
		13 Weeks Ended October 27, 2012
	Thousands	Hometown			Outlet			Total
	Net sales
	Appliances	$	275,827		$	112,076		$	387,903
	Lawn and garden	64,703			5,512			70,215
	Tools and paint	45,501			3,770			49,271
	Other	28,954			20,560			49,514
	Total	414,985			141,918			556,903
	Costs and expenses
	Cost of sales and occupancy	316,820			101,670			418,490
	Selling and administrative	94,149			27,905			122,054
	Depreciation	797			1,485			2,282
	Total	411,766			131,060			542,826
	Operating income	$	3,219		$	10,858		$	14,077
	Total assets	$	648,341		$	143,358		$	791,699
	Capital expenditures	$	1,172		$	980		$	2,152
		39 Weeks Ended November 2, 2013
	Thousands	Hometown			Outlet			Total
	Net sales
	Appliances	$	868,489		$	362,600		$	1,231,089
	Lawn and garden	280,029			20,938			300,967
	Tools and paint	138,996			10,063			149,059
	Other	74,394			63,575			137,969
	Total	1,361,908			457,176			1,819,084
	Costs and expenses
	Cost of sales and occupancy	1,040,750			340,216			1,380,966
	Selling and administrative	299,175			80,640			379,815
	Depreciation	2,372			4,197			6,569
	Gain on the sale of assets				(1,567		)	(1,567		)
	Total	1,342,297			423,486			1,765,783
	Operating income	$	19,611		$	33,690		$	53,301
	Total assets	$	657,019		$	190,989		$	848,008
	Capital expenditures	$	2,711		$	3,284		$	5,995
		39 Weeks Ended October 27, 2012
	Thousands	Hometown			Outlet			Total
	Net sales
	Appliances	$	845,502		$	337,447		$	1,182,949
	Lawn and garden	306,420			15,669			322,089
	Tools and paint	148,988			10,087			159,075
	Other	102,308			56,024			158,332
	Total	1,403,218			419,227			1,822,445
	Costs and expenses
	Cost of sales and occupancy	1,066,728			298,619			1,365,347
	Selling and administrative	287,400			80,631			368,031
	Depreciation	2,423			4,392			6,815
	Total	1,356,551			383,642			1,740,193
Operating income	$	46,667		$	35,585		$	82,252
Total assets	$	648,341		$	143,358		$	791,699
Capital expenditures	$	1,785		$	3,739		$	5,524

Income_Per_Common_Share_Tables

Income Per Common Share (Tables)	9 Months Ended
	Nov. 02, 2013
Earnings Per Share [Abstract]	'
Schedule of Earnings Per Share, Basic and Diluted	'
	The following table sets forth the components used to calculate basic and diluted income per common share attributable to our stockholders.
		13 Weeks Ended		13 Weeks Ended		39 Weeks Ended		39 Weeks Ended
		November 2, 2013		October 27, 2012		November 2, 2013		October 27, 2012
	Thousands except income per common share
	Basic weighted average shares	22,999		23,100		23,066		23,100
	Dilutive effect of restricted stock	—		—		4		—
	Diluted weighted average shares	22,999		23,100		23,070		23,100
	Net income	$	7,695	$	8,760	$	31,826	$	50,420
	Income per common share:
	Basic	$	0.33	$	0.38	$	1.38	$	2.18
	Diluted	$	0.33	$	0.38	$	1.38	$	2.18

Equity_Tables

Equity (Tables)	9 Months Ended
	Nov. 02, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]	'
Schedule of Restricted Stock Award Activity	'
	We do not currently have a broad-based program that provides for restricted-stock awards on an annual basis. Changes in restricted-stock awards for 2013 were as follows:
		39 Weeks Ended November 2, 2013
	(Shares in Thousands)	Shares		Weighted-Average Fair Value on Date of Grant
	Beginning of year balance	—		—
	Granted	89		$	44.45
	Vested	—		—
	Forfeited	(1	)	44.45
	Balance at 11/2/2013	88		$	44.45

Background_and_Basis_of_Presen1

Background and Basis of Presentation (Details) (USD $)	9 Months Ended	12 Months Ended			9 Months Ended
In Millions, unless otherwise specified	Nov. 02, 2013	Feb. 02, 2013	Jan. 28, 2012	Oct. 11, 2012	Nov. 02, 2013	Nov. 02, 2013	Nov. 02, 2013	Nov. 02, 2013	Nov. 02, 2013
	segment			Senior ABL Facility [Member]	Revolving Credit Facility [Member]	Letter of Credit [Member]	Swingline Loans [Member]	Separation [Member]	Separation [Member]
	store				Senior ABL Facility [Member]	Senior ABL Facility [Member]	Senior ABL Facility [Member]	Senior ABL Facility [Member]	Letter of Credit [Member]
	state								Senior ABL Facility [Member]
Significant Accounting Policies [Line Items]	'	'	'	'	'	'	'	'	'
Number of stores	1,239	'	'	'	'	'	'	'	'
Number of states in which the Company operates	50	'	'	'	'	'	'	'	'
Aggregate maximum borrowings	'	'	'	'	$250	$75	$25	'	'
Increases in aggregate principal	'	'	'	'	100	'	'	'	'
Remaining borrowing capacity	'	'	'	'	'	'	'	87.9	158.7
Amount outstanding	'	'	'	$100	'	'	'	'	$3.40
Number of operating segments	2	'	'	'	'	'	'	'	'
Number of weeks in fiscal year	'	'P53W	'P52W	'	'	'	'	'	'

Other_Current_and_LongTerm_Lia2

Other Current and Long-Term Liabilities (Details) (USD $)	Nov. 02, 2013	Feb. 02, 2013	Oct. 27, 2012
In Thousands, unless otherwise specified
Payables and Accruals [Abstract]	'	'	'
Customer deposits	$40,913	$34,914	$38,974
Sales and other taxes	14,072	13,607	7,617
Accrued expenses	13,267	24,703	12,733
Warranty accrual	0	3,734	10,919
Payroll and related items	11,193	9,005	8,423
Store closing accrual	0	0	22
Total other current and long-term liabilities	$79,445	$85,963	$78,688

Income_Taxes_Details

Income Taxes (Details) (USD $)	Nov. 02, 2013	Oct. 27, 2012
In Millions, unless otherwise specified
Income Tax Disclosure [Abstract]	'	'
Deferred tax assets	$61.10	$79.80

Related_Party_Agreements_Detai

Related Party Agreements (Details) (USD $)

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

Oct. 27, 2012

Nov. 02, 2013

Oct. 27, 2012

Oct. 11, 2012

Nov. 02, 2013

Oct. 27, 2012

Nov. 02, 2013

Oct. 27, 2012

ESL [Member]

Sears Holdings Corporation [Member]

Sears Holdings Corporation [Member]

Sears Holdings Corporation [Member]

Sears Holdings Corporation [Member]

Related Party Transaction [Line Items]

'

'

'

'

'

'

'

'

Beneficial interest acquired by related party, percentage

'

'

'

48.00%

'

'

'

'

Net Commissions from Sears Holdings Corporation

'

'

'

'

$21,424,000

[1]

$20,497,000

[1]

$68,327,000

[1]

$63,967,000

[1]

Purchases related to cost of sales and occupancy

'

'

'

'

419,022,000

366,855,000

1,293,931,000

1,235,105,000

Services

'

'

'

'

5,566,000

6,697,000

15,978,000

14,594,000

Exclusion of on-line sales

$15,400,000

$47,200,000

$53,300,000

'

'

'

'

'

Invoice payment term

'

'

'

'

'10 days

'

'

'

[1]

We reduced the amounts presented for the 13 weeks ended October 27, 2012, the 39 weeks ended November 2, 2013, and the 39 weeks ended October 27, 2012 to exclude all transactions in which SHO received the entire sales revenue for on-line sales made to unrelated third-parties that were generated through Sears Holdings' websites. The excluded amounts for the 13 weeks ended October 27, 2012, the 39 weeks ended November 2, 2013, and the 39 weeks ended October 27, 2012 were $15.4 million, $47.2 million, and $53.3 million, respectively.

Store_Closing_Charges_and_Seve2

Store Closing Charges and Severance Costs (Details) (USD $)	3 Months Ended	9 Months Ended
In Thousands, unless otherwise specified	Nov. 02, 2013	Oct. 27, 2012
	store
Restructuring Cost and Reserve [Line Items]	'	'
Stores closed	27	'
Restructuring Cost and Reserve [Roll Forward]	'	'
Beginning balance	'	$10,348
Store closing costs	'	797
Payments/utilizations	'	-11,123
Ending balance	'	22
Markdowns [Member]	'	'
Restructuring Cost and Reserve [Roll Forward]	'	'
Beginning balance	'	8,147	[1]
Store closing costs	'	0	[1]
Payments/utilizations	'	-8,147	[1]
Ending balance	'	0	[1]
Severance Costs [Member]	'	'
Restructuring Cost and Reserve [Roll Forward]	'	'
Beginning balance	'	150	[2]
Store closing costs	'	0	[2]
Payments/utilizations	'	-150	[2]
Ending balance	'	0	[2]
Lease Termination Costs [Member]	'	'
Restructuring Cost and Reserve [Roll Forward]	'	'
Beginning balance	'	56	[2]
Store closing costs	'	797	[2]
Payments/utilizations	'	-831	[2]
Ending balance	'	22	[2]
Other Costs [Member]	'	'
Restructuring Cost and Reserve [Roll Forward]	'	'
Beginning balance	'	1,995	[2]
Store closing costs	'	0	[2]
Payments/utilizations	'	-1,995	[2]
Ending balance	'	$0	[2]
[1]	This store closing activity is recorded within Cost of sales and occupancy on the Condensed Consolidated Statements of Income and remaining store closing cost accruals are reported within Merchandise inventories on the Condensed Consolidated Balance Sheets.
[2]	This store closing activity is recorded within Selling and administrative on the Condensed Consolidated Statements of Income and remaining store closing cost accruals are reported within Other current liabilities on the Condensed Consolidated Balance Sheets.

Financing_Arrangements_Details

Financing Arrangements (Details) (USD $)	9 Months Ended
	Nov. 02, 2013	Oct. 11, 2012
Debt Instrument [Line Items]	'	'
Interest rate	4.25%	'
Senior ABL Facility [Member]	'	'
Debt Instrument [Line Items]	'	'
Amount outstanding	'	$100,000,000
Covenant, maximum percentage of Loan Cap	25.00%	'
Covenant, component of aggregate commitment calculation	50,000,000	'
Covenant, fixed charge coverage ratio	1.1	'
Covenant, period of credit extensions outstanding	'120 days	'
Revolving Credit Facility [Member] | Senior ABL Facility [Member]	'	'
Debt Instrument [Line Items]	'	'
Aggregate maximum borrowings	250,000,000	'
Increases in aggregate principal	100,000,000	'
Letter of Credit [Member] | Senior ABL Facility [Member]	'	'
Debt Instrument [Line Items]	'	'
Aggregate maximum borrowings	75,000,000	'
Swingline Loans [Member] | Senior ABL Facility [Member]	'	'
Debt Instrument [Line Items]	'	'
Aggregate maximum borrowings	25,000,000	'
Separation [Member] | Senior ABL Facility [Member]	'	'
Debt Instrument [Line Items]	'	'
Remaining borrowing capacity	87,900,000	'
Separation [Member] | Letter of Credit [Member] | Senior ABL Facility [Member]	'	'
Debt Instrument [Line Items]	'	'
Amount outstanding	3,400,000	'
Remaining borrowing capacity	$158,700,000	'

Summary_of_Segment_Data_Detail

Summary of Segment Data (Details) (USD $)	0 Months Ended	3 Months Ended		9 Months Ended
	Aug. 31, 2012	Nov. 02, 2013	Oct. 27, 2012	Nov. 02, 2013	Oct. 27, 2012	Feb. 02, 2013
Segment Reporting Information [Line Items]	'	'	'	'	'	'
Initial franchise revenue	$1,500,000	$7,800,000	'	$14,800,000	$11,200,000	'
Net sales	'	561,068,000	556,903,000	1,819,084,000	1,822,445,000	'
Cost of sales and occupancy	'	425,596,000	418,490,000	1,380,966,000	1,365,347,000	'
Selling and administrative	'	121,698,000	122,054,000	379,815,000	368,031,000	'
Depreciation	'	2,177,000	2,282,000	6,569,000	6,815,000	'
Gain on the sale of assets	'	-1,567,000	0	-1,567,000	0	'
Total costs and expenses	'	547,904,000	542,826,000	1,765,783,000	1,740,193,000	'
Operating income	'	13,164,000	14,077,000	53,301,000	82,252,000	'
Total assets	791,699,000	848,008,000	791,699,000	848,008,000	791,699,000	785,803,000
Capital expenditures	'	3,600,000	2,152,000	5,995,000	5,524,000	'
Appliances [Member]	'	'	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'	'	'
Net sales	'	405,220,000	387,903,000	1,231,089,000	1,182,949,000	'
Lawn and Garden [Member]	'	'	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'	'	'
Net sales	'	64,892,000	70,215,000	300,967,000	322,089,000	'
Tools and Paint [Member]	'	'	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'	'	'
Net sales	'	47,974,000	49,271,000	149,059,000	159,075,000	'
Other [Member]	'	'	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'	'	'
Net sales	'	42,982,000	49,514,000	137,969,000	158,332,000	'
Sears Hometown and Hardware [Member]	'	'	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'	'	'
Net sales	'	413,171,000	414,985,000	1,361,908,000	1,403,218,000	'
Cost of sales and occupancy	'	318,362,000	316,820,000	1,040,750,000	1,066,728,000	'
Selling and administrative	'	94,818,000	94,149,000	299,175,000	287,400,000	'
Depreciation	'	760,000	797,000	2,372,000	2,423,000	'
Total costs and expenses	'	413,940,000	411,766,000	1,342,297,000	1,356,551,000	'
Operating income	'	-769,000	3,219,000	19,611,000	46,667,000	'
Total assets	648,341,000	657,019,000	648,341,000	657,019,000	648,341,000	'
Capital expenditures	'	1,341,000	1,172,000	2,711,000	1,785,000	'
Sears Hometown and Hardware [Member] | Appliances [Member]	'	'	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'	'	'
Net sales	'	289,834,000	275,827,000	868,489,000	845,502,000	'
Sears Hometown and Hardware [Member] | Lawn and Garden [Member]	'	'	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'	'	'
Net sales	'	59,049,000	64,703,000	280,029,000	306,420,000	'
Sears Hometown and Hardware [Member] | Tools and Paint [Member]	'	'	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'	'	'
Net sales	'	44,516,000	45,501,000	138,996,000	148,988,000	'
Sears Hometown and Hardware [Member] | Other [Member]	'	'	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'	'	'
Net sales	'	19,772,000	28,954,000	74,394,000	102,308,000	'
Sears Outlet [Member]	'	'	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'	'	'
Reclassification of distribution center costs	'	3,700,000	'	10,000,000	'	'
Net sales	'	147,897,000	141,918,000	457,176,000	419,227,000	'
Cost of sales and occupancy	'	107,234,000	101,670,000	340,216,000	298,619,000	'
Selling and administrative	'	26,880,000	27,905,000	80,640,000	80,631,000	'
Depreciation	'	1,417,000	1,485,000	4,197,000	4,392,000	'
Gain on the sale of assets	'	-1,567,000	'	-1,567,000	'	'
Total costs and expenses	'	133,964,000	131,060,000	423,486,000	383,642,000	'
Operating income	'	13,933,000	10,858,000	33,690,000	35,585,000	'
Total assets	143,358,000	190,989,000	143,358,000	190,989,000	143,358,000	'
Capital expenditures	'	2,259,000	980,000	3,284,000	3,739,000	'
Sears Outlet [Member] | Appliances [Member]	'	'	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'	'	'
Net sales	'	115,386,000	112,076,000	362,600,000	337,447,000	'
Sears Outlet [Member] | Lawn and Garden [Member]	'	'	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'	'	'
Net sales	'	5,843,000	5,512,000	20,938,000	15,669,000	'
Sears Outlet [Member] | Tools and Paint [Member]	'	'	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'	'	'
Net sales	'	3,458,000	3,770,000	10,063,000	10,087,000	'
Sears Outlet [Member] | Other [Member]	'	'	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'	'	'
Net sales	'	$23,210,000	$20,560,000	$63,575,000	$56,024,000	'

Income_Per_Common_Share_Detail

Income Per Common Share (Details) (USD $)	3 Months Ended		9 Months Ended
In Thousands, except Share data, unless otherwise specified	Nov. 02, 2013	Oct. 27, 2012	Nov. 02, 2013	Oct. 27, 2012
Class of Warrant or Right [Line Items]	'	'	'	'
Basic weighted average shares	22,999,000	23,100,000	23,066,000	23,100,000
Dilutive effect of restricted stock	0	0	4,000	0
Diluted weighted average shares	22,999,000	23,100,000	23,070,000	23,100,000
Net income	$7,695	$8,760	$31,826	$50,420
Income per common share:	'	'	'	'
Basic (in dollars per share)	$0.33	$0.38	$1.38	$2.18
Diluted (in dollars per share)	$0.33	$0.38	$1.38	$2.18
Separation [Member]	'	'	'	'
Class of Warrant or Right [Line Items]	'	'	'	'
Number of shares of common stock purchsed from Sears Holdings	23,100,000	'	23,100,000	'

Equity_Narrative_Details

Equity (Narrative) (Details) (USD $)	0 Months Ended	3 Months Ended	9 Months Ended		3 Months Ended	9 Months Ended		1 Months Ended
	Aug. 29, 2013	Nov. 02, 2013	Nov. 02, 2013	14-May-13	Nov. 02, 2013	Nov. 02, 2013	Nov. 02, 2013	Dec. 05, 2013
					Restricted Stock [Member]	Restricted Stock [Member]	Restricted Stock [Member]	Subsequent Event [Member]
							May 16, 2016 [Member]
Stock-based Compensation	'	'	'	'	'	'	'	'
Shares reserved under plan	'	'	'	4,000,000	'	'	'	'
Stock granted	'	'	'	'	89,221	87,841	87,841	'
Forfeited in period	'	'	'	'	'	1,380	'	'
Share-based compensation expense	'	'	'	'	$600,000	$3,300,000	'	'
Period for recognition	'	'	'	'	'	'2 years 6 months	'	'
Aggregate fair value of the shares granted	'	'	'	'	'	3,900,000	'	'
Share Repurchase Program	'	'	'	'	'	'	'	'
Authorized amount	25,000,000	'	'	'	'	'	'	8,700,000
Shares repurchased	'	279,247	'	'	'	'	'	12,651
Amount repurchased	'	8,400,000	8,369,000	'	'	'	'	300,000
Share price	'	$29.97	$29.97	'	'	'	'	'
Remaining authorized repurchase amount	'	$16,600,000	'	'	'	'	'	'

Equity_Restricted_Stock_Awards

Equity (Restricted Stock Awards) (Details) (Restricted Stock [Member], USD $)	9 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Nov. 02, 2013	Feb. 02, 2013
Restricted Stock [Member]	'	'
Shares	'	'
Beginning of year balance	'	0
Granted	89	'
Vested	0	'
Forfeited	-1	'
Balance at end of period	88	0
Weighted-Average Fair Value on Date of Grant	'	'
Beginning of year balance (in dollars per share)	'	$0
Granted (in dollars per share)	$44.45	'
Vested (in dollars per share)	$0	'
Forfeited (in dollars per share)	$44.45	'
Balance at end of period (in dollars per share)	$44.45	$0