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Sears, Roebuck and Co., commonly known as Sears (/ s ɪər z / SEERZ), [5] 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 1925, the first in Chicago. [6]
In 2002, Sears, Roebuck and Company acquired the company for $2 billion in cash. [11] Sears offered products by Lands' End in many of its retail stores, until 2019. [12] In November 2009, Lands' End launched Lands' End Canvas, which offered a more fashion-oriented selection of casual clothing for men and women. It was discontinued in 2013.
Margo's LaMode – Dallas-based women's clothing store that closed in 1996 after corporate parent underwent bankruptcy reorganization; Martin + Osa – Established in 2006 as the more mature counterpart to American Eagle Outfitters, the chain grew to 28 stores before millions in losses forced its parent company to discontinue it. The brand's ...
Timeline of former nameplates merging into Macy's. Many United States department store chains and local department stores, some with long and proud histories, went out of business or lost their identities between 1986 and 2006 as the result of a complex series of corporate mergers and acquisitions that involved Federated Department Stores and The May Department Stores Company with many stores ...
Sears Hometown and Outlet Stores initiated a program to franchise Sears Outlet stores in 2012. In 2013, home appliances made up 78% of Sears Outlet's sales revenue and total revenue from Sears Outlet stores was $610 million. [42] In 2014, Sears Outlet partnered with the Make-A-Wish Foundation to support children with life-threatening conditions ...
This is a list of department stores of the United States currently operating. This list is incomplete ; you can help by adding missing items . ( October 2023 )
The business was acquired by Charles Clore in 1953 for £4 million, by which time it had over 900 shops. [1] [3] In 1954, Sears bought Haverton Holdings for £3.5 million, which owned Furness Shipbuilding Company and a controlling interest in listed hosiery knitting machine manufacturer, Bentley Engineering, in which Clore was a board member.
On November 8, 2018, Sears Holdings announced it would close an additional 40 Kmart and Sears stores. [50] On November 23, 2018, Sears Holdings released a list of 505 stores, including 239 Kmart stores and 266 Sears stores, that are for sale in the bankruptcy process while all others are currently holding liquidation sales. [51] On December 28 ...