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Sears, Roebuck and Co. (/ s ɪər z / SEERZ), [5] commonly known as Sears, 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]
Allstate Insurance Company, named after Sears’ tire brand, went into business on April 17, 1931, offering auto insurance by direct mail and through the Sears catalog. [ 10] This was in line with one of the objectives of a company to sell automobile insurance in the same manner as Sears sold its merchandise.
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Sears Holdings Corporation was an American holding company headquartered in Hoffman Estates, Illinois. It was the parent company of the chain stores Kmart and Sears and was founded after the former purchased the latter in 2005. [ 7] It was the 20th-largest retailing company in the United States in 2015. [ 8]
That year, the two brands counted 3,500 US stores between them and more than 300,000 employees. Today’s Sears’ footprint is minuscule, with no more than 12 Sears stores remaining in the ...
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]
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Waukesha, Wisconsin, US. Occupation. Businessman. Years active. 1886–1908. Known for. Co-founder of department store Sears, Roebuck and Company. Richard Warren Sears (December 7, 1863 – September 28, 1914) was an American company manager, retail businessman and the co-founder of department store Sears, Roebuck and Company with his partner ...
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