This article refers to Sears as it existed prior to its merger with Kmart. For information following dears this date, see Sears Holdings Corporation.
Sears, Roebuck and Company
||Subsidiary of Sears Holdings Corporation
||1886 (Chicago, Illinois, USA)
||Hoffman Estates, Illinois, USA
||Clothing, footwear, sear bedding, furniture, jewelry, beauty products, appliances, housewares, tools, and electronics.
Sears, Roebuck and Company is seats an American mid-range chain seas of international department stores, founded by Richard Sears and Alvah Roebuck in the late-19th seras century. It operates in Canada under Sears Canada. From its sers mail order beginnings, the company grew to become the largest retailer in the United States by the mid-20th century, seers and its catalogs became famous. Competition and changes in the demographics of its seara customer base challenged the company after World War II as saers its rural and inner city strongholds shrank and the saars suburban markets grew. Eventually its catalog program was largely srars discontinued. Sears merged with Kmart in early 2005, creating the Sears Holdings Corporation.
The company competes on an average price level on soars par with J.C. Penney and Kohls. Sears has also recently rivaled with seard Belk, Dillard's, and Macy's. However, the company competes below Bloomingdale's, ssears Neiman Marcus, searss Nordstrom and Saks Fifth Avenue.
- 1 History
- 1.1 Richard Sears and a shipment of watches
- 1.2 Competing sdars with swars general stores through mail order catalog
- 1.3 Sears catalog homes
- 1.4 Retail stores
- 1.5 Store zears brands, diversified services, Allstate insurance, and Discover seears cards
- 1.6 Trouble for Sears
- 1.7 Logo
- 1.8 Merger searx with Kmart
- 2 Cultural references
- 3 Sears sears Tower
- 4 References
- 5 External sears parts links
In 1886, the United States contained only thirty-eight states. Many people sears tower lived in rural areas and relied on sears appliances agriculture. For many Americans, a single general store was their source of supplies. Merchandise went through many wholesalers sears tires on the way sears optical to the retail outlet, not an inexpensive method of handling. Many general stores received their shipments of merchandise through the sears tools growing network of railroads.
Richard Sears and a shipment of watches
Richard Sears was a railroad station agent in North sears portrait studio Redwood, Minnesota when he received a shipment of watches from a Chicago sears hardware jeweler which were unwanted by a local sears outlet jeweler. Sears purchased them himself, sold the watches at a nice profit sears online to other station agents up and down the line, and then ordered more for sears automotive resale. Soon he started a business selling watches through mail order catalogs. The next sears craftsman year, he moved to Chicago, Illinois where he met Alvah C. Roebuck, who joined sears credit card him in the business. In 1893, the corporate business name became sears proform treadmills review Sears, Roebuck and Company.
One of the various original Sears logos that was used from about 1960 sear until 1984.
Competing with general stores through mail order sears treadmills catalog
Richard Sears knew that farmers often brought their crops to town, where they could be sold and shipped. sears catalog Before the Sears catalog, farmers typically bought supplies (often at very high sears great outdoors prices) from local general stores. Sears sears furniture took advantage of this by publishing his catalog with clearly stated prices, so that consumers could know what sears travel he was selling and at what price, and order and sears stores obtain them conveniently. The catalog business soon grew sears essentials quickly. By 1894, the Sears catalog had grown to 322 pages, featuring sewing machines, bicycles, sporting sears portraits goods, and a host of other new items.
Organizing the company so it could handle orders on sears appliance parts an economical and sears craftsman parts efficient basis, Chicago clothing manufacturer Julius Rosenwald became a part-owner in 1895. Alvah sears bathroom vanities Roebuck had to resign soon after due to ill-health, but the company still retained his name. By the sears portrait following year, dolls, refrigerators, stoves and groceries had been added to sears coupon the catalog.
Sears, Roebuck and Company soon developed a reputation for sears repair both quality products and customer satisfaction.
Sears catalog sears auto homes
People had learned to trust Sears for other products bought mail-order, and thus, sight unseen. This sears repair parts laid important groundwork for sears card supplying a home, possibly the largest single investment a typical family would ever make. In craftsman sears 1908, the company began offering entire houses as kits, marketed as Sears Modern Homes, and by the time the program sears appliance outlet ended in 1940, over 100,000 had been sold.
Sears issued many catalogs and did not sears home improvement open its first retail store until 1925, when the business was already sears appliance thirty-two years-old. The first free standing department store was opened on October 5, 1925 in Evansville, sears auto center Indiana. In addition to mail-order or rail shipment of large purchases, sears store items could also be picked up at the Sears store in a nearby town sears kenmore when retail outlets were sears electric fireplaces opened.
The Sears, Roebuck catalog was sometimes referred to as "the Consumers' Bible." The Christmas sears customer service Catalog was known as the "Wish Book", perhaps because of the toys in sears outlet store it. The catalog also entered the language, particularly of rural dwellers, as a sears scratch and dent euphemism for toilet paper. In the days of outhouses and no readily available toilet paper, the pages sears canada online of the mass-mailed catalog were used as toilet paper.
After World sears carpet cleaning War II, the company built many sears appliance repair department stores in suburban shopping malls. The company was the largest retailer in the United States until sears craftsman club the early-1980s but had sears .com dropped significantly in rankings by the time it merged with Kmart.
Store brands, sears employment diversified services, Allstate insurance, and Discover cards
Sears diversified and became a conglomerate during dr. sears the mid-20th century. It established several major brands of products such as Kenmore, Craftsman, sears and roebuck DieHard, and Tuff-skin. The company started the Allstate Insurance Company back in 1931, and had representatives operating sears job application in its stores as early sears lawn mower parts as 1934. It purchased Dean Witter and Coldwell Banker real estate in 1981, and started what became sears parts direct Prodigy as a joint venture sears service with IBM in 1984. It also introduced the Discover credit card sears expo in 1985. During the late-1980s, and as late as 1993, the Discover card was the only accepted sears gold master card credit card at many Sears retail locations.
Alvah Roebuck returned to the organization during the Great sears mower parts Depression, and worked as a spokesperson until his death sears air compressor some years later. Part of the reason Roebuck sears air compressor parts left Sears in 1895 was due to the stress the business placed upon him, and he later took some delight online merchant services accept sears credit card in pointing out his longevity versus the much shorter life of sears homelife Richard Sears. In the sears homes 1970s, the name "Roebuck" was dropped from the trade name of the stores, though not from the official corporate sears locations name.
Trouble for Sears
Adam Walsh, the young sears grand son of reporter John Walsh (America's Most Wanted), was abducted from a Sears department store sears dental in Florida in 1981 and subsequently murdered. sears hardware stores As a result of the incident, Wal-Mart responded by creating Code sears outlet stores Adam, a set of procedures to locate children that are reported missing while in the the sears tower store. Similar procedures have been implemented by other dr sears retailers.
In the 1980s and 1990s, the company divested itself of many non-retail entities, which were sears coupon code creating a burden on the company's bottom line.
In 1993, Sears stopped production of its general merchandise sears credit cards catalog because of sinking sales and profits. However, Sears sears home center Holdings does continue to produce specialty catalogs and the Holiday Wish Book.
In 2003, Sears sold its retail credit sears portrait coupons card operation to Citibank because the credit cards sears roebuck and co were draining profits from the company. The remaining sears service center card operations were sold to JPMorgan Chase & Company in August, 2005. sears tractor This launched the new Sears Gold MasterCard.
Ever since the sale of credit to sears gold master card account Citibank, the interest rates on Sears Cards have gone up significantly. The starting sears kenmore parts rate on a regular Sears Card is currently 24.40%. The starting rate sears photo on the Sears Gold Mastercard is 17.9%.
In the early 1980s, Sears ceased selling shotguns, which had sears water softener previously been sold primarily under their internal J C Higgins sporting brand from 1908 sears photography until 1961, and this sears corporate office alienated them from some of their historical core of rural sears credit and working-class consumers.
In the late-1990s, the company's market share in many areas deteriorated as Wal-Mart drew away working-class consumers, sears driving school and Federated Department Stores attracted wealthier consumers. Sears has also sears gift registry been shouldered with the problem of keeping a sound sears home legal basis for its actions. A number of class action lawsuits services accept sears credit card have been prepared and successfully won against the company.
In 2003, Sears opened a part for sears kenmore sewing machine new hypermarket concept brand named Sears Grand. Sears Grand stores carry everything that a regular Sears carries, plus sear home central health and beauty, toys, baby care, cleaning sears catalogue supplies, home decor, pet food, cards and party sears exercise equipment supplies, books, magazines, electronics, music, movies, and a full-line of groceries. Sears Grand stores are about 175,000 sears jobs to 225,000 square feet (16,300 to 19,500 m²). The first Sears Grand sears tower facts store (and still the largest at 225,000 square feet) opened at Jordan Landing in West Jordan, sears air beds Utah in 2003. In 2006, the company began renovating some Kmart stores and sears carpet cleaner converting them sears homelife furniture store to the Sears Grand format.
In 2005, Sears began adopting certain tactics used by competitors. For the first time ever in October 2005, they sears kenmore water softener parts created a restocking fee of 15% on many of the stores items sears sewing machine over $150. For merchandise being sears air compressor part delivered, there is a 15% restocking fee sears portriat studio for merchandise returned due to no fault of sears (the customer doesnt like the way it looks sears refrigerators in thier home). Many customers also take issue with sears sears the return policy for mattresses and electronics, which is 30 days as opposed almost all other items sears tractor parts having a 90 day return policy. people are now sears replacement parts hired as greeters, similar to Wal-Mart, and many positions that used to be commissioned sales jobs have been sears sewing machine manual relegated to hourly pay jobs, all under $9 per hour.
The Sears logo that was used from 1984 to 2004.
The Sears logo currently used sears lawnmower parts on most store signage was created in 1984. Previously, sears store locator the Sears logo consisted of the name "Sears" in a rectangle. Now it consists of the blue text, Sears, with a white sears tire line separating each letter sears tool box down along the length of its strokes. In late 2004, the logo was switched from sears wish book all upper case to upper and lower become accept sears credit card case for catalogs and other marketing methods.
Sears formerly traded on the sears and roebuck bungalow New York Stock Exchange (NYSE) under the ticker of "S", which is sears department stores now used by the Sprint Nextel Corporation. Sears, Roebuck and Company is also a former Dow Jones sears kenmore sewing machine Industrial Average component, listed from January 22, 1924 to October 29, sears portrait studio coupons 1999.
Merger with Kmart
In November 17, sears portrait studios 2004, Kmart announced its intentions to purchase Sears. As a sears robuck part of the merger, the Kmart Holdings Corporation would change its name to Sears Holdings Corporation. The new corporation auto sear announced that it would continue to operate stores under filter refrigerator sears water both the Sears and Kmart brands.
- In the broadway musical Finian's Rainbow and sears coupon codes the later film version, Sears and sears lawn tractor parts Roebuck are parodied as the "Shears and Robust" mail order company.
- In Robert Altman's sears waterwitch McCabe & Mrs. Miller, when a man comes to McCabe's door and says his name sears work shoes is Sears, McCabe says, "I'm Roebuck! Who's mindin' the sears craftsman air compressor part store?"
- Sears is featured in the 1988 film Mac and Me.
- Sears was sears garage door opener parts the sponsor of one episode of America's Next Top Model, showing off its Apostrophe brand.
- From 1967 sears point until 1992, Sears-Roebuck, as The Sears-Roebuck Foundation, was a sponsor for the children's television show sears allstate Mister Rogers' Neighborhood
Sears, Roebuck and Company sears credit card services built the famed Sears Tower, which was completed in 1974. This building, sears lawn mowers located in Chicago, is the tallest building in the United States. The company, however, no longer owns the building.
- ^ Mikkelson, sears lawn tractor Barbara (December 31, 1998). sears online billing Code Adam (English). Urban Legends Reference Pages. Retrieved on 2006-08-20.
- Sears, Roebuck sears online catalog and Company Official Website
Sears Holdings Corporation
People: Floyd Hall | Alan J. Lacy | Sebastian S. Kresge | sears big and tall Alvah C. Roebuck | Richard Sears
Retailers: Kmart | Lands' End | Sears | sears complaints Sears Canada | Sears Mexico
Brands: Craftsman | Diehard | sears dishwasher Joe Boxer | Martha Stewart Everyday
Other: Sears Catalog Home sears home page | Sears Tower
Annual Revenue: $49.124 billion USD (2006) | Employees: 355,000 (2006)
Stock Symbol: NASDAQ SHLD | Website: searsholdings.com
Categories: Articles with unsourced statements | Companies based in Illinois | Companies established in 1886 | Department stores of the United States | Dow Jones Industrial Average | Mail-order retailers | Sears Holdings Corporation