Sells Sears clothing
Although American railroad workers in the 19th century were not civil servants but employees of private railroad companies, they appeared to have been able to push a fairly smooth ball. Stationmaster Richard Warren Sears (1863-1914) sold wood and coal to the residents of North Redwood during working hours. And once a batch of watches was sent back to his station, he bought it himself and sold it to his colleagues at a good profit.
Since these part-time jobs brought in significantly more money than the meager salary of the employees, Sears left his employer, the Minneapolis & St. Louis Railway Company, and founded a mail order company for watches and jewelry in Minneapolis in 1886. In 1887 the watchmaker Alvah Curtis Roebuck (1864 - 1948) joined the company, as a professional, so to speak, and in 1893 he also became a partner. In 1895, the textile manufacturer Julius Rosenwald was joined by another partner - at the same time the company moved to Chicago. At the turn of the century, the range had already been expanded to include items such as clothing, shoes, furniture, bicycles, weapons, dishes and musical instruments. In 1925, Sears opened its first department store in Chicago.
Between 1969 and 1973 Sears had the Sears Tower built in Chicago, at 443 meters the tallest building in the world (it was not until 1998 that they lost this title to the Petronas Towers in Kuala Lumpur / Malaysia). In addition to the Sears department stores, Sears, Roebuck & Co. also operates retail stores, hardware stores, auto centers, furniture stores, electronics stores and mail order houses. Allstate auto insurance, founded in 1931, was sold in 1993/1995. In 2002, Sears acquired the Lands' End mail order company.
In 2005, Sears, Roebuck & Co. and the discount store chain Kmart Holding Corporation merged. The new parent company operates as Sears Holding Corporation, the subsidiaries as Sears, Roebuck & Co. and Kmart Corporation. Sears operates approximately 2000 department stores in North America. The Sears Tower, in which the company was headquartered until 1992, was renamed Willis Tower in 2009 (after the British insurance company Willis Group Holdings, which acquired the naming rights).
In June 2017, the Canadian subsidiary Sears Canada Inc. first applied for bankruptcy protection, and in October 2018 the parent company Sears Holdings Corporation. All branches in Canada were closed until the beginning of 2018.
© 2021 Toralf Czartowski | Texts: Toralf Czartowski
Photos: Pixabay, Unsplash, Public Domain, T. Czartowski
© 2021 Toralf Czartowski
Texts: Toralf Czartowski
Photos: Pixabay, Unsplash, Public Domain,
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