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Sears Outlet provides in-store and online access to new, one-of-a-kind, out-of-carton, discontinued, obsolete, used, reconditioned, overstocked, and scratch-and-dented merchandise at a discounted price (at twenty to sixty percent off regular retail price) [33] [34] Each store, on average, is larger than 18,000 square feet in size. [35]
Sears, Roebuck and Co., commonly known as Sears (/ s ɪər z / SEERZ), [6] 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-order catalog company migrating to opening retail locations in 1925, the first in Chicago. [7]
The company was the nation's 18th largest oil change company in 1997. [4] That year Oil Can Henry's signed a deal with Valvoline that included loan guarantees, payments to franchisees to help cover start-up costs, and a discount on oil. [4] By April 2007, the company had grown to 67 locations, with ten of those as company-owned shops. [5]
In 2005, Sears sold a 19.9% interest in the company to Ares Management of Los Angeles for US$58.7 million, announcing expansion plans at the time. [ 20 ] [ 21 ] Ares had the option to later purchase another 30.2% stake in the company for US$126.8 million, but did not exercise this right.
It is located adjacent to the intersection of the BeltLine with Ponce de Leon Avenue in the Old Fourth Ward near Virginia Highland, Poncey-Highland and Midtown neighborhoods. The 2.1-million-square-foot (200,000 m 2 ) building, one of the largest by volume in the Southeast United States, was used by Sears , Roebuck and Co. from 1926 to 1987 and ...
American Freight Appliances & Furniture, or American Freight, is an American retail furniture chain founded in Lima, Ohio in 1994. The company was acquired in 2020 by Franchise Group and combined with former Sears Surplus and Sears Outlet stores under the American Freight name.
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