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Sears, Roebuck and Co. (/ s ɪər z / SEERZ), commonly known as Sears, is an American chain of department stores founded in 1892 by Richard Warren Sears and Alvah Curtis Roebuck and reincorporated in 1906 by Richard Sears and Julius Rosenwald, with what began as a mail ordering catalog company migrating to opening retail locations in ...
Dec 10, 2023 · Talk of Sears’ demise may be premature: just two months ago, a previously shuttered Sears in Burbank, California, quietly turned the lights back on.
Aug 23, 2017 · Sears, Roebuck and Company is a retail giant with 19th-century roots as a mail-order business operating in rural America. Sears grew into one of the nation’s largest corporations, redefining the...
Mar 3, 2024 · Key Takeaways. Sears Holdings filed for Chapter 11 bankruptcy on Oct. 15, 2018, at which time it had 700 stores across the U.S., $6.9 billion in assets and $11.3 billion in liabilities. .
Sears Holdings now operates Sears and Kmart stores. The company continues to market products under brands held by both companies. The two companies cited several reasons for combining forces: Sears had begun investing in new, larger off-mall stores, called Sears Grand.
Jun 6, 2024 · Sears, American retailer of general merchandise, tools, home appliances, clothing, and automotive parts and services. Until the 1980s it was the largest retailer in the United States. Sears is a subsidiary of Sears Holdings Corporation, which, following a bankruptcy auction, was purchased by a hedge fund in 2019.
