Sears
Sears, originally Sears, Roebuck and Co., is an American retail company that began as a mail-order business in the late 19th century and later expanded into department stores.
Sears, originally Sears, Roebuck and Co., is an American retail company that began as a mail-order business in the late 19th century and later expanded into department stores. It became one of the largest retailers in the United States before declining sharply in the 21st century. After bankruptcy and asset sales, Sears continued under new ownership through Transformco.
History
Sears was founded in the 1890s by Richard W. Sears and Alvah C. Roebuck, building on earlier mail-order watch sales. It grew from a catalog business into a major department-store chain and became a dominant name in American retail.
Expansion and peak
In the 20th century, Sears expanded across the United States and became the country’s largest retailer for a period. Its catalog and store network helped shape consumer shopping habits in rural, suburban, and urban markets.
Decline and bankruptcy
Sears later faced intense competition and changing consumer behavior, especially from discount chains and e-commerce. Sears Holdings filed for bankruptcy in 2018, marking the end of its long run as an independent retail giant.
Sears Canada
Sears operated in Canada through Sears Canada, a separate retail business that was once a prominent department-store chain before it was liquidated in 2017.
Legacy
Sears is remembered for its role in popularizing mail-order retail, department stores, and branded household goods. It remains a notable example of the rise and decline of a major American retailer.
Key facts
- Sears began as a mail-order watch and jewelry business before expanding into general merchandise retail.
- Sears merged with Kmart in 2005 to form Sears Holdings Corporation.
- Sears Holdings filed for Chapter 11 bankruptcy in 2018.
- The company’s assets were later acquired by ESL Investments and transferred to Transformco.
- Sears became known for major brands such as Craftsman and Kenmore.
Sears operated in Canada through Sears Canada, a separate retail business that was once a prominent department-store chain before it was liquidated in 2017.
Frequently asked questions
What is Sears?
Who founded Sears?
When was Sears founded?
Was Sears ever the largest retailer in the United States?
What happened to Sears?
References
- Wikipedia — https://en.wikipedia.org/wiki/SearsSupports: Founding date, founders, business evolution, first stores, and merger history.
- Encyclopaedia Britannica — https://www.britannica.com/summary/Sears-Roebuck-and-CompanySupports: Founders, retail growth, catalog history, merger with Kmart, and diversification.
- Library of Congress — https://guides.loc.gov/this-month-in-business-history/november/searsSupports: Bankruptcy and later ownership transition.
- Encyclopaedia Britannica — https://www.britannica.com/money/Sears-Roebuck-and-CompanySupports: Business areas, subsidiary status, and ownership context.
- Transformco — https://transformco.com/about/sears/sears-historySupports: Corporate history and early company origins.