Sears, Roebuck and Company is an American department store chain. Sears was founded by Richard Warren Sears and Alvah Curtis Roebuck in 1866. It operates full-line Sears stores which sell clothing, electronics and hardware, as well as Sears Hometown Dealers, smaller-line and often rural stores which sell only electronics and home goods. The company also owns Kmart, several of which have been turned into Sears Grand stores. The company operates in Canada as Sears Canada and in Mexico as Sears Roebuck de México.
Sears was founded by Sears as a catalog business. After Sears saw a success with the catalogs, he founded the Sears department chain in 1925. After that, Sears expanded to greater heights. In the 30s, they founded Kenmore and Craftsman, along with Allstate. In the 1950s, Sears started the Homart Development Company, which built malls. Sears had become the largest retailer, loved for its design. They later purchased Dean Witter and Coldwell Banker. In 1985, Sears started the Discover card. Unfortunately, the chain had lost their customers in the 90s. Walmart surpassed them as the number one retailer in 1992. Sears spun off everything that did not have to do with retailing. However, they purchased Orchard Supply Hardware and started The Great Indoors.
Sears-Kmart merger Edit
In the early 2000s, Sears had been doing bad, as well as future sister chain Kmart. Kmart went bankrupt in 2004, so Edward Lampert bought Kmart. Kmart acquired Sears and merged them. However, sales have dropped, specifically after the merger. So far the future of Sears is not known.
- Sears - department store
- Sears Grand - hypermarket
- Sears Appliance & Hardware - hardware store
- Sears Home Appliance Showroom - appliance store
Created in 2003 as a way to compete with Walmart and Target, Sears Grand carried everything that a Sears did in 2003, plus a number of other departments: health and beauty, toys, baby care, cleaning supplies, home decor, pet food, cards and party supplies, books, magazines, electronics, music, movies, and an edited assortment of groceries.
Despite this, the store never did have a "real" grocery department, that would carry produce, deli, and bakery, nor was it ever open 24 hours.
- Antioch Shopping Center in Kansas City North, MO
- Independence Center in Independence, MO
- Mall of America in Bloomington, MN
- The Village at Orange in Orange, CA