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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]
Roebuck was Sears's first employee, and he later became co-founder of Sears, Roebuck & Company, which was formed in 1891 when Sears was 28 years old. In 1895 the company was short of cash and Roebuck had left the business. Sears sold one half of the company for $75,000.00 to Aaron Nusbaum and his brother-in-law, Julius Rosenwald.
Roebuck co-founded Sears, Roebuck and Company with Richard Warren Sears in 1891. [1] [2]In 1895, Roebuck asked Sears to buy him out for about $20,000. At Richard Sears' request, Roebuck took charge of a division that handled watches, jewelry, optical goods, and, later, phonographs, magic lanterns and motion picture machines.
The Sears, Roebuck and Company Complex is a building complex in the community area of North Lawndale in Chicago, Illinois. The complex hosted most of department-store chain Sears ' mail order operations between 1906 and 1993, and it also served as Sears' corporate headquarters until 1973, when the Sears Tower was completed.
Sears Holdings now operated Sears and Kmart stores. The company continued to market products under brands held by both companies. [11] The two companies cited several reasons for combining forces: Sears had begun investing in new, larger off-mall stores, called Sears Grand. Earlier in the year, Sears had purchased dozens of current Super Kmart ...
The McKids line of clothing continued to be sold at Sears stores. [5] In 1997, McKids clothing began to be sold exclusively at Wal-Mart . [ 6 ] McDonald's exclusivity agreement with Wal-Mart ended at the end of 2003, and in 2004 the McKids brand was launched internationally, with 15 stores being opened in China.
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Charles "Chuck" Harrison (September 23, 1931 — November 29, 2018) [1] was an American industrial designer, speaker and educator.He was the first African-American executive to work at Sears, Roebuck and Company, starting in 1961 as a designer and eventually becoming manager of the company's entire design group.
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