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Sears (department store) (3 C, ... This list may not reflect recent changes. A. ... Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; ...
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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 announced on Thursday it will shutter 20 more storefronts after already selecting 245 stores to close this year.
Sears has had a tough year, marked by dozens of stores shutting down, a massive dip in sales and the possible sale of three of its popular appliance brands including Kenmore, Craftsman and DieHard.
Craftsman is a line of tools, lawn and garden equipment, and work wear.Originally a house brand established by Sears, the brand is now owned by Stanley Black & Decker.. As with all Sears products, Craftsman tools were not manufactured by Sears during the company's ownership, but made under contract by various other companies.
Sears is closing 26 more Sears and Kmart stores in the US in October, a press release from the retailers' parent company said on Tuesday.
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 ...