The Canadian Encyclopedia — neutral, cited, updated
July 26, 2026Sources cited
Canadianwire.
Canada’s encyclopedia & explainer
HomeBusiness & MoneyRetailSears
Business & Money • Retail

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.

By Ethan Anderson| Reviewed by Olivia Bennett, Standards & Fact-Checking Lead| Updated July 26, 2026|2 min read| Fact-checked

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.
🍁
Canadian context

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?
Sears is an American retail company that began as a mail-order business and later operated department stores and online retail.
Who founded Sears?
Sears was founded by Richard W. Sears and Alvah C. Roebuck.
When was Sears founded?
The company dates to the 1890s, with roots in Richard Sears’s earlier watch business in the 1880s.
Was Sears ever the largest retailer in the United States?
Yes. Sears was the largest U.S. retailer for a period in the 20th century.
What happened to Sears?
Sears Holdings filed for bankruptcy in 2018, and its assets were later acquired through ESL Investments and Transformco.

References

  1. Wikipediahttps://en.wikipedia.org/wiki/Sears
    Supports: Founding date, founders, business evolution, first stores, and merger history.
  2. Encyclopaedia Britannicahttps://www.britannica.com/summary/Sears-Roebuck-and-Company
    Supports: Founders, retail growth, catalog history, merger with Kmart, and diversification.
  3. Library of Congresshttps://guides.loc.gov/this-month-in-business-history/november/sears
    Supports: Bankruptcy and later ownership transition.
  4. Encyclopaedia Britannicahttps://www.britannica.com/money/Sears-Roebuck-and-Company
    Supports: Business areas, subsidiary status, and ownership context.
  5. Transformcohttps://transformco.com/about/sears/sears-history
    Supports: Corporate history and early company origins.