Sears To Bring Paint Back To Stores

Sears Holding Corp. said Tuesday that it will bring paint back to stores due to the strong housing market and the rising number of home-improvement projects. The rollout will start in 23 stores before going nationwide, starting with cities including Albany, N.Y., Oak Bridge, Ill., and Saginaw, Mich. Sears is introducing a Craftsman brand paint that will be priced between $6 and $33, and is bringing back Weatherbeater exterior paint, priced between $14 and $34, and Easy Living interior paint, priced between $2.50 and $29. All together, Sears will offer 2,400 colors. The retailer stopped selling paint in 2012. Sears shares are inactive in premarket trading, but down 47.3% for the last year. THe S&P 500 Index is up 9.6% for the last 12 months.