Hoffman Estates, Ill. — Sears plans to open three new smaller format Home & Life stores in May. Located in Anchorage, Alaska; Lafayette, La.; and Overland Park, Kan. (pictured), the new Home & Life stores will offer appliances, mattresses, home services and connected home products. Store sizes will range from 10,000 square feet to 15,000 square feet. The smaller format stores were developed based on insights from Sears Appliances & Mattresses stores that opened in 2017 in Ft. Collins, Colo; Pharr, Texas; Honolulu; and Camp Hill, Pa. “The exciting new …