Contents 1 History 1.1 Mail order catalog 1.2 Retail stores and diversification 1.3 Decline and Sears Holdings 2 Subsidiaries 2.1 Current 2.2 Former 2.3 Exclusive brands (current) 2.4 Exclusive brands (former) 3 Employee relations 4 Gallery 5 See also 6 References 7 Further reading 8 External links

History[edit] Mail order catalog[edit] Richard Warren Sears Richard Warren Sears came from a wealthy family, but lost it all in speculation. Sears [5] then started working as a railroad station agent in North Redwood, Minnesota, as well as in Minneapolis. While in Redwood, a jeweler received an impressive shipment of watches which were unwanted. Sears purchased them, then sold the watches at a low price to the station agents and made a considerable profit. In Minneapolis, he started a mail order watch business. Sears started this company in 1886. He called it "R.W. Sears Watch Company." Within the first year he met Alvah C Roebuck, a watch repairman. The next year, they relocated the business to Chicago. In 1887 Sears published a mail-order catalog offering watches, diamonds, and jewelry. Two years later he sold his business for $100,000 and relocated to Iowa, intending to be a rural banker. Restless, however, he returned to Minnesota and established a new mail-order firm selling watches and jewelry, with Roebuck as his partner. This A.C. Roebuck & Company later became "Sears, Roebuck and Company" and in 1893 moved to Chicago.[6] Farmers did business in small rural towns. Before the Sears catalog, farmers usually purchased supplies (often at high prices and on credit) from local general stores with narrow selections of goods. Prices were negotiated, and relied on the storekeeper's estimate of a customer's creditworthiness. Sears took advantage of this by publishing catalogs offering customers a wider selection of products at clearly stated prices. The business grew quickly. The first Sears catalog was published in 1888. In 1892, Richard Sears and Alvah Roebuck founded the A. C. Roebuck watch company. In 1893, they renamed the company to Sears, Roebuck & Company and began to diversify. By 1894, the Sears catalog had grown to 322 pages, featuring sewing machines, bicycles, sporting goods, automobiles (produced from 1905 to 1915 by Lincoln Motor Car Works of Chicago, no relation to the current Ford line),[7] and a host of other new items. By 1895, the company was producing a 532-page catalog. Sales were greater than US$400,000 in 1893 and more than US$750,000 two years later.[8] By 1896, dolls, stoves and groceries had been added to the catalog. The exterior of the Sears Merchandise Building Tower. The company had sales of US$800,000 in 1895, but the national Panic of 1893—a full scale depression—caused a cash squeeze and large quantities of unsold merchandise. Roebuck decided to quit (though he later returned in a publicity role). Sears offered Roebuck's half of the company to Chicago businessman Aaron Nusbaum, who in turn brought in his brother-in-law Julius Rosenwald, to whom Sears owed money. In August 1895, they bought Roebuck's half of the company for US$75,000. The new Sears, Roebuck and Company was reincorporated in Illinois with a capital stock of US$150,000 in August 1895. The transaction was handled by Albert Henry Loeb of the Chicago Law Firm of Loeb & Adler (now known as Arnstein & Lehr, LLP). Copies of the transaction documents are now displayed on the walls of the law firm.[9] Sears and Rosenwald got along well with each other, but not with Nusbaum. Sears and Rosenwald bought him out for US$1.3 million in 1903.[10] Rosenwald brought to the mail order firm a rational management philosophy and diversified product lines: dry goods, consumer durables, drugs, hardware, furniture, and nearly anything else a farm household could desire. From 1895 to 1907, under Rosenwald's leadership as Vice President and Treasurer, annual sales of the company climbed from US$750,000 to upwards of US$50 million. The prosperity of the company and their vision for greater expansion led Sears and Rosenwald to take the company public in 1906, with US$40 million in stock. However, they had to incorporate a new company in order to bring the operation public. Sears and Rosenwald established Sears, Roebuck and Company (legal name- Sears, Roebuck and Co.) in 1906 in the state of New York and replaced the original company.[11] The current company inherits the history of the old company, but does not recognize the 1906 incorporation and instead recognizes the 1892 incorporation of the old company. After Sears resigned the presidency in 1908 due to declining health, Rosenwald was named president and chairman of the board and had full control.[12] Sears' successful 1906 initial public offering (IPO) marks the first major retail IPO in American financial history and represented a coming of age, financially, of the consumer sector.[13] In 1906, Sears opened its catalog plant and the Sears Merchandise Building Tower in Chicago.[14] Also, by that time, the Sears catalog had become known in the industry as "the Consumers' Bible".[citation needed] In 1933, Sears issued the first of its famous Christmas catalogs known as the "Sears Wishbook", a catalog featuring toys and gifts, separate from the annual Christmas Catalog. The catalog also entered the language, particularly of rural dwellers, as a euphemism for toilet paper.[15] From 1908 to 1940, the catalog even included ready-to-assemble kit houses.[16] Novelists and story writers often portrayed the importance of the catalog in the emotional lives of rural folk. For children and their parents, the catalog was a "wish book" that was eagerly flipped through. It was not a question of purchasing but of dreaming; they made up stories about the lives of the models on the pages. The catalog was a means of entertainment, though much of its magic wore off with the passing of childhood.[17] The company was badly hurt during 1919–21 as a severe depression hit the nation's farms after farmers had overexpanded their holdings. To bail out the company, Rosenwald pledged $21 million of his personal wealth.[18] By 1922, Sears had regained financial stability. First he oversaw the design and construction of the company's first department store within Sears, Roebuck's massive 16-hectare (40-acre) headquarters complex of offices, laboratories and mail-order operations at Homan Ave. and Arthington St. on Chicago's West Side. The store opened in 1925. In 1924, Rosenwald resigned the presidency, but remained as chairman until his death in 1932; his goal was to devote more time to philanthropy.[19] Retail stores and diversification[edit] Sears Tower The mail order market was based on rural America, with a slow-growing population and far less spending power than urban America. Rosenwald decided to shift emphasis to urban America, and brought in Robert E. Wood to take charge. The first Sears retail stores were opened in conjunction with the company's mail order offices, typically in working-class neighborhoods far from the main shopping center. Sears was a pioneer in creating department stores that catered to men as well as women, especially with lines of hardware and building materials. It deemphasized the latest fashions in favor of practicality and durability, and allowed customers to select goods without the aid of a clerk. Its stores were oriented to motorists—set apart from existing business districts amid residential areas occupied by their target audience; had ample, free, off-street parking; and communicated a clear corporate identity. In the 1930s, the company designed fully air-conditioned, "windowless" stores whose layout was driven wholly by merchandising concerns.[20] From the 1920s to the 1950s, Sears built many urban department stores in the USA, Canada and Mexico (apart from, but not far from, existing central business districts), and they overshadowed the mail-order business. Starting in the 1950s, the company expanded into suburban markets, and malls in the 1960s and 1970s. In 1959, it had formed the Homart Development Company for developing malls. Many of the company's stores have undergone major renovations or replacement since the 1980s. Sears began to diversify in the 1930s, adding Allstate Insurance Company in 1931 and placing Allstate representatives in its stores in 1934. Over the decades it established major national brands, such as Kenmore, Craftsman, DieHard, Silvertone, Supertone, and Toughskins. The company became a conglomerate during the mid-20th century, adding Dean Witter and Coldwell Banker real estate in 1981, starting Prodigy as a joint venture with IBM in 1984, and introducing the Discover credit card in 1985. In 1974, Sears completed the 110-story Sears Tower in Chicago, becoming the world's tallest building, a title it took from the former World Trade Center towers in New York. Sears moved to the new Prairie Stone Business Park in Hoffman Estates, Illinois, between 1993 and 1995.[21] The Sears Centre is a 10,001-seat multi-purpose arena located in Hoffman Estates adjacent to the Prairie Stone campus.[22] Even though its naming rights to the building expired in 2003 it remained the Sears Tower through early 2009. In March 2009 London-based insurer Willis Group Holdings, Ltd., was given the building's naming rights to entice the occupancy of the building. The official renaming as the Willis Tower took place on Thursday, July 16, 2009, during a public ceremony hosted by Willis Group Holdings.[23] In the 1990s, the company began divesting itself of many non-retail entities, which were detrimental to the company's bottom line. Sears spun off its financial services arm which included brokerage business Dean Witter Reynolds and Discover Card. It sold its mall building subsidiary Homart to General Growth Properties in 1995.[24] Sears later acquired hardware chain Orchard Supply Hardware in 1996 and started home improvement store The Great Indoors in 1997.[25] Decline and Sears Holdings[edit] In 1993, Sears terminated its famous general merchandise catalog because of sinking sales and profits, and in 1997 sold 85% of its Mexico affiliate to Grupo Carso. Sears Holdings continues to produce specialty catalogs and reintroduced a smaller version of the Holiday Wish Book in 2007. In 2003, Sears sold its retail credit card operation to Citibank.[26] The remaining card operations were sold to JPMorgan Chase in August 2005. In 2003, Sears opened a new concept store called Sears Grand. Sears Grand stores carry everything that a regular Sears carries, and more. Sears Grand stores are about 175,000 to 225,000 square feet (16,300 to 20,900 m2). On November 17, 2004, Sears announced it was being acquired by the management of Kmart Holding Corporation (company that owns Kmart) for $11 billion after Kmart completed its bankruptcy (USA Today Nov. 17, 2004). As a part of the acquisition, Kmart Holding Corporation along with Kmart was transferred to the new Sears Holdings Corporation and Sears was purchased by the new Sears Holdings. The new company started trading on the NASDAQ stock exchange, Sears sold its single letter ticker symbol 'S' it had held since 1910 to Sprint.[27] The new corporation announced that it would continue to operate stores under both the Sears and Kmart brands. In 2005, the company began renovating some Kmart stores and converting them to the Sears Essentials format, only to change them later to Sears Grands.[28] The combined company's profits peaked at $1.5 billion in 2006, then dwindled to nearly nothing by 2010. From 2011 to 2016 the company lost $10.4 billion. In 2014 its total debt ($4.2 billion at the end of January 2017) surpassed its market cap ($974.1 million as of March 21).[29] Sears spent much of 2014 and 2015 selling off portions of its balance sheet; namely Lands' End and its stake in Sears Canada. Sears Canada was one of the biggest e-commerce players in Canada, with CAN$505 million in sales in 2015—more than Walmart and others who have begun pushing aggressively into online sales, such as Canadian Tire.[30] Sears stated that the company was looking to focus on becoming a more tech-driven retailer. Sears' CEO and top shareholder said the sell-off of key assets in the last year had given the retailer the money it needs to speed up its transformation.[30] As of 2015, Sears Holdings had lost a total of US$7 billion in the last four years. In part, the retailer was trying to curb losses by using a loyalty program called Shop Your Way.[30] Sears believed the membership scheme would be a long-term play for the company, and it would enhance repeat business and customer loyalty.[30] Seritage Growth Properties is the REIT spinoff of some of the holding company's Sears and Kmart stores. The REIT announced in October 2016 that it was terminating 17 store leases. All of the locations are associated with Kmart locations.[31] Also in October 2016, Moody's Investor Services downgraded Sears to speculative grade liquidity rating. The speculative grade liquidity means that Sears is expected to have to rely on external financing and monetization of its alternative assets according to Moody's VP Christina Boni.[31] In late 2016 and early 2017, some significant steps were taken by Edward Lampert, president, chief executive officer and top shareholder of Sears Holding Corp. Lampert, with personal assets estimated at US$2 billion, is also the founder and manager of the hedge fund ESL Investments Inc.[32] He provided an additional loan of US$500 million to the company and said he would provide letters of credit to Sears for additional amounts, reportedly totaling US$200 million and possibly increasing to a half billion dollars in the future.[33] Lampert also concluded an arrangement that sold the Craftsman brand to Stanley Black & Decker Inc. for approximately US$900 million.[34] During this period, the company also announced that it would close 150 stores (109 Kmart and 41 Sears outlets), in an attempt to cut its losses after a decline in sales of 12 to 13 percent during the holiday shopping season and the largest quarterly loss since 2013. Matt McGinley, an analyst at Evercore ISI, stated, "In the long run, the cash isn't likely to change the company's course. ... I don't think there is any viable path to any sort of profitability."[35] In February 2017, Sears announced a restructuring plan that is hoped to cut costs by US$1 billion via selling more stores, cutting jobs and selling brands.[36] During the second quarter of 2017, 42 Sears stores in 40 states closed.[37] Later on Sears announced that it closed an additional 12 stores.[38] In July 2017, Sears announced it would close another 43 stores (8 Sears and 35 Kmart stores). Those closures are in addition to the previously announced closures.[39] Since 2010, Sears has gone from more than 3,500 physical stores to 695 US stores.[40] Sales at Sears stores dropped 10.3 percent in the final quarter of 2016 when compared to the same period in 2015.[41] In October 2017, Sears and appliance manufacturer Whirlpool Corporation reportedly ended their 101-year old association that had allowed Whirlpool appliances to be sold at Sears stores and, later, at Kmart. The companies reportedly were unable to come to an agreement on pricing issues.[42] In November 2017, Sears announced they were closing 18 Sears stores and 45 Kmart stores. The stores would be closing by January 2018 bringing the store count to 680 Sears stores. In January 2018, Sears announced they would be closing 39 Sears stores and 64 Kmart stores. These stores would be closing by April 2018, leaving Sears Holdings with 555 stores.[43] According to MSN money, as this rate, Sears along with sister company Kmart, has an extremely high chance of disappearing and going defunct in 2018, and that 2017 will have marked its final holiday season as an independent brand. [44]

Subsidiaries[edit] Current[edit] A&E Factory Service is the newest name for Sears' longstanding on-site repair service, servicing larger items such as home appliances, electronics, and garden equipment. The A&E brand name was purchased from Montgomery Ward, which used it for their home service unit, and is a joint venture held by Whirlpool and Sears Holdings.[45] A&E Factory Service is a network of mobile service vans with a long history of performing appliance repairs.[46] A typical full Sears in the Crystal Mall. (Waterford, Connecticut) Sears (Full-Line) is a chain of department stores that are usually located in shopping malls, however, some freestanding stores exist; they carry clothing, jewelry, home appliances, household hardware, lawn and garden supplies, lawn mowers, paint, sporting goods, automobile repair, office supplies, electronics and school supplies. Sears stores are usually multi-level, averaging 139,000 sq ft (12,900 m2).[47] As of July 29, 2017, there were 619 full-size Sears stores[48] in the United States. There are also 94 in Mexico.[49][not in citation given] Sears Grand is a chain of hypermarkets typically located away from shopping malls (with the exception of Gurnee Mills, Gurnee, Illinois, and formerly Pittsburgh Mills, Tarentum, Pennsylvania, which closed in January 2015). Many Sears Grand locations are retrofit remodels of existing Kmart supercenter stores. They carry everything a Sears department store carries, plus health and beauty products, a pharmacy, toys, baby care, cleaning supplies, home décor, pet food, cards and party supplies, books, magazines, music, Little Caesars Pizza Station, movies, and a selection of groceries which is limited mostly to dry goods. Sears Grand stores range from 165,000 to 210,000 square feet (15,300 to 19,500 m2).[50] The first Sears Grand opened at Jordan Landing in West Jordan, Utah in 2003. At 225,000 square feet (20,900 m2), the Jordan Landing store is currently the largest in the chain. Sears Home Services is a division of Sears that specializes in appliance repair, lawn and garden services, HVAC service, as well as most in home services. Sears Home Services can also do repair on small appliances in-store. Sears Optical is a chain of off-mall optical shops which carries all the same products and services as the optical department at regular Sears stores. Sears PartsDirect is a chain of lawn & garden equipment and appliance parts stores. Some locations, branded as Sears Parts and Repair Centers, feature a carry-in point for customers to bring-in merchandise which needs to be repaired, either in or out of warranty. Sears Portrait Studio is a full service portrait studio with locations in Sears stores and formerly standalone locations as well. It was run by CPI Corporation, until all Sears Portrait Studios ceased operations on April 6, 2013. CPI Corporation, in a statement on its website, said it closed all of its U.S. studios "after many years of providing family portrait photography." The St. Louis-based company didn't explain the hasty closure, and calls to CPI went unanswered. However, the company has struggled financially, hurt by the rise of digital photography. Sears Portrait Studio was later revived in August 2016 in a few in-store locations through an affiliation with Picture People. Sears Vacations is a licensed business partner of Sears Holdings, founded in February 2012 in conjunction with International Cruise & Excursions, Inc. Sears Vacations functions as an online travel agency that provides online and telephone-based booking services for Sears customers through the website. Sears Vacations offers cruises, resorts, hotels, tours, guided vacations, car rental, airline tickets, shore excursions, vacation rentals, and travel insurance.[51] Former[edit] Sears Outlet is an outlet version of Sears department stores located in various retail locations across the United States. The stores carry new, one-of-a-kind, out of carton, discontinued, used, scratched and dented merchandise at 20–60% off regular retail price. While a wide variety of products are available, appliances make up a large majority of available merchandise. Sears Outlet stores were once known as Sears Surplus. Many former Kmarts have been converted to serve as Sears Outlets, though these often take up less than half the floorspace. Each store, on average, is larger than 18,000 square feet in size.[52] Sears Outlet was part of a spin-off with Sears Hometown Stores and Sears Appliance and Hardware Stores to become Sears Hometown and Outlet Stores in September 2012.[53] Sears Canada's 11 Outlet stores were not spun off from the corporately-owned full-line stores in Canada. They closed with the rest of Sears Canada in 2018. A closed Sears Hardware in Windham, Connecticut. (Closed in May 2016) Sears Appliance & Hardware is a chain of hardware stores that carry the whole line of Sears hardware and are usually free-standing. More than 110 Sears Appliance & Hardware stores averaging 28,000 square feet (2,600 m2) serve customers nationwide. Stores were expanded to include Sears' full line of appliances in 2005. Sears Hometown and Outlet Stores took on Sears Appliance & Hardware in a Spin-off from Sears Holdings in 2012.[54] Sears Hometown Stores (formerly known as Sears Authorized Dealer Stores) is part of the retail operation of Sears Holdings and is a small-store (averaging 8,500 square feet) version of Sears full-line department stores. Sears Hometown Stores, established in 1993, is a franchise formula The stores are located away from shopping malls and serve local communities across the United States and Puerto Rico.[55] Sears Hometown Stores was part of a spin-off with Sears Outlet and Sears Appliance and Hardware in September 2012.[53] Sears Home Appliance Showrooms is a store that offers home appliances and related services in-store. The stores have an internet kiosk where customers are able to view similar products, price match, and order products not available in the store. primarily located in strip malls and centers of metropolitan areas. Averaging 5,000 square feet with a primarily appliance showroom design. These stores carry Kenmore and other national brands of home appliances. Lands' End, Is a "store within a store" inside approximately 227 Sears domestic full-line locations. Averaging 7,700 square feet and offering Lands' End clothing and branded products. Sears Holdings prior to the spin off, operated fourteen Lands' End stores that exclusively carry Lands' End clothing and various fashion accessories, footwear and home goods. These stores which average 9,300 square feet are located separate from Sears department stores, usually in outlet malls and regular malls.[56] Sears officially spun off Lands' End in April 2014 amid continuing financial distress, including a US$1.4 billion loss in 2013.[57] Lands' End is now a publicly traded clothing and home-goods producer and retailer, specializing in kids clothing, uniforms, and customized workplace products.[58] Sears Essentials was a chain of discount stores that were common retrofit remodels of existing Kmart stores. Their product lines were similar to that of Sears Grand stores. In 2006, Sears dropped the brand as it tried to turn Kmart stores into free standing Sears stores. Most of 50 buildings bearing its name were turned into Sears Grand Stores or reverted to Kmarts.[59] National Tire and Battery (NTB) & National Tire Warehouse (NTW) is an American brand of auto service centers. It was formerly owned by Sears until it was spun off in 2003. Sears created the brand in 1997 by consolidating the Tire America (TA) and National Tire Warehouse (NTW) brands, adding the "B" to include its DieHard brand of batteries.[60] Sears sold the brand, which consisted mostly of stores set apart from its name brand stores, in 2003 to TBC Corporation. A Sears spokesman said "Because of the separate branding and the lack of proximity to our retail operations, we weren't able to drive growth like a TBC could".[61] The chain of 226 stores was reported to have brought in $425 million in revenue and $60 million in profit in 2002.[61] Sears Brand Central was an electronics store. The appliances departments in Sears are now known and referred to internally as Brand Central, although they are not marketed to consumers as such, except for a few locations in Puerto Rico. Sears Catalog Sales Stores were located in small towns. These stores were very small, even smaller than Sears' current Hometown Dealer stores. At catalog stores, some items could be ordered from the floor, such as appliances; other items could be ordered from catalogs at the store. These stores were often placed in rural markets which were far from full-line Sears stores, allowing for customers to purchase Sears products more easily. These stores were closed in 1993 when Sears closed its catalog business. Sears Authorized Catalog Sales Merchant was an independent business person who provided many of the same services as the Sears Catalog Sales Store. Similar operations were also found in Canada with Sears Canada as Sears Pickup Location or Sears Catalogue Sales Merchant. Sears Appliance Stores were small stores usually between 7,000 and 10,000 square feet[62]. Sears Appliance Stores displayed and sold (at Retail Store prices) appliances, carpeting, etc. and, in addition, provided a catalog sales department through which catalog items could be ordered. Sears Holdings has opened a Sears Appliances store in Colorado in 2016 with plans to add more throughout the country. Sears Rent-a-Car was a car and truck rental chain formed in a mid-1970s joint venture with Budget. It was sold to Avis in 2002. Sears HomeLife was a chain of furniture stores owned by Sears. The concept was introduced at a mall in Fresno, California in 1989, followed by a stand-alone store in Madison, Wisconsin.[63] Sears HomeLife averaged 20,000 to 40,000 square feet, featured dark ceilings, theatrical lighting and an expanded array of furniture and accessories. These stores are designed to be much larger than the typical in-store Sears furniture department, which averages around 7,800 square feet. Sears opened Homelife stores as stores-in-a-store to replace the exist furniture departments within large full-line Sears stores. Other Sears HomeLifes were opened as free-standing locations.[64] Sears sold the stores to Citicorp Venture in 1999, who changed the chain's name to just "HomeLife". They opened more locations, some inside large Sears stores or near the store depending on space available. HomeLife closed its last stores in 2001.[65] In Puerto Rico, a few HomeLife locations are still present. Sears Neighborhood was a chain similar to Sears Hometown stores, except that Neighborhood stores were located in urban markets. These stores were also independently owned and operated. The concept was introduced in Atlanta in 1998, and another similar store was located in Cincinnati.[66][67] The Neighborhood stores closed in the early 2000s. The Great Indoors was a chain of free-standing home decor stores that carry high-end home appliances, bedding, and kitchen and bath fixtures. The Great Indoors also offered custom kitchen and bathroom design services. Stores were approximately 140,000 square feet each. Nearly 300 employees were hired for each store.[68] Sears Holdings announced the closing of all remaining stores in 2012. Orchard Supply Hardware is a chain of free-standing hardware stores, averaging 28,000 square feet. Stores carry home repair, hardware products and lawn and garden supplies. It was spun off from Sears in January 2012.[69] Exclusive brands (current)[edit] Covington – Men's and women's dresswear. [70] Easy Living – Painting equipment Weatherbeater – Painting equipment Roebucks – Formerly clothing, now used for men's work shoes [71] Roebuck & Co. - Men's, women's, and children's clothing and shoes Structure - Men's clothing and shoes. Originally owned by Express, Inc. before Sears bought it in 2003.[72] [73] Laura Scott - Women's clothing [74] Simply Emma - Women's clothing and jewelry [75] R1893 - Women's clothing, primarily jeans Metaphor - Women's clothing Canyon River Blues - Men's and women's clothing. A children's sub-brand called CRB Kids also exists. Colormate - Bedding and bath accessories [76] Outdoor Life - More rugged men's and women's clothing. Simply Styled - Men's, women's, and children's clothing and shoes. [77] Northwest Territory - Men's and women's clothing and outerwear [78] Since the merger of Sears & Kmart in 2005, many brands are now shared by both stores. These include: Kenmore - Appliances [79] DieHard – Batteries, clothing, and work shoes. [80] Toughskins – Children's clothing[81] Everlast - Through a license deal. [82] Men's, women's, and children's athletic apparel and footwear. Adam Levine Collection - Men's and women's clothing. Joe Boxer - Men's and women's underwear and sleepwear. Basic Editions - Men's, women's and children's clothing. Essential Home - Bed, bath, and kitchen supplies Athletech - Athletic clothing and shoes [83] Exclusive brands (former)[edit] Sears Tower Brand 127 Film (Expired: November 1963) Coldspot – Appliances[84] Allstate – Automobiles, motorcycles and mopeds, vehicle parts and insurance[85] Alphaline – Brand of electronics accessories, cables and headphones. A video on-demand service powered by Roxio under the same name launched in 2010.[86] Brand name abandoned as of 2015.[87] Celestial Star – Diamond jewelry Challenge Records Cheryl Tiegs – Clothing[88] Companion – Tools Conqueror Records Dashmate Automobile Radios & Tape players David Bradley – Farm machinery[89] Dean Witter Reynolds – Financial services Discover Card – Credit card Dunlap – Tools Economy – Iceboxes, fountain pens, sewing machine cabinets, gasoline engines, portable saw rigs, variety of farm equipment, cream separators[90] Free Spirit – Bicycles Gold Bond – Footwear Goolagong – Clothing Harmony House – Interior decorating products[91] Hearthside – Rug looms and quilting frames Hercules – Work clothing, appliances, insurance, sewage systems, letterman's jackets, fire extinguishers, heavy-duty coveralls, and home heating systems[92] Hillary – Camping and outdoor gear Homart – Heating and cooling systems, plumbing supplies, electrical supplies, kitchen cabinets, building supplies J. C. Higgins – Sporting goods, camping[93] Kromedge – Sawblades, dadoes, moldering heads, router bits Penske – Automotive testing tools Permanex – Blow-molded polyethylene tool storage cases, gas cans Pilgrim – Clothing[94] Sears Video Arcade – In-house version of Atari in the early 1980s; discontinued in favor of the actual Atari systems Seventeen - Young women's clothing. Part of a license deal with the magazine of the same name in 2014.[95] As of 2017, only items on sale are on clearance. Silvertone – Stereos, televisions, musical instruments[96] Silvertone Records Supertone Records Ted Williams Brand – Sporting goods Tower – Cameras, photo supplies, office equipment

Employee relations[edit] Sears building in the Edificio La Nacional building in Mexico City, across from the Palacio de Bellas Artes. Sears has struggled with employee relations. One notable example was the shift in 1992 from an hourly wage based on longevity to a base wage (usually between US$3.50 and US$6 per hour) and commissions ranging from 0.5% to 11%. Sears claimed the new base wage, often constituting a substantial (up to 40%) cut in pay, was done "to be successful in this highly competitive environment".[97] In early October 2007, Sears cut commission rates for employees in select departments to anywhere from 0.5% to 4% but equalized the base wage across all Home Improvement and Electronics departments. In 2011, commission rates on non-base items were cut by 2% in the electronics department. In late 2009, the commission on sales of "base items" from the electronic department was cut to 1%. As of 2017, appliances is the only remaining department where compensation is based entirely on commission. Other departments give a base pay plus commission. In many stores, jewelry department associates receive a low base salary with 1% commission on their sales.

Gallery[edit] Letterhead logo 1907 Logo 1963–84 1984–94 1994–2004 (still used in Mexico, Puerto Rico, and some US locations) 2004–08 (2004–16 in Canada) Sears Auto Center in Concord, New Hampshire Exterior of the Sears at the Westfield Hawthorn in Vernon Hills, Illinois Mall entrance to the Sears at Paramus Park in Paramus, New Jersey. Exterior of the Sears Essentials in West Palm Beach, Florida (reopened as Sears Outlet) 2013 photo of the mall entrance to the Sears Grand at Pittsburgh Mills in Tarentum, Pennsylvania. This Sears closed in January 2015. Exterior of the Sears Parts & Repair Store in Brooklyn, Ohio Exterior of the Sears in Mexico City.

See also[edit] Chicago portal Illinois portal Companies portal Sears Canada – Canadian unit (defunct) Sears (Mexico) – Mexican unit held by Grupo Carso Sears plc – former UK company unrelated to U.S. retailer

References[edit] ^ "Sears Holdings Third Quarter 2017 Earnings Release". Sears Holdings. Retrieved November 30, 2017.  ^ a b Sears Holdings Corporation (2016). 2016 Form 10-K, Sears Holding Corporation (pdf) (Report). United States Securities and Exchange Commission. p. 41. Retrieved 4 November 2017.  ^ "1990 Sales Lift Wal-mart Into Top Spot". Sun Sentinel. February 15, 1991. Retrieved January 15, 2014.  ^ "2017 Top 100 Retailers". Retrieved 4 November 2017.  ^ Richard Sears, Spring Valley Methodist Church Museum, Accessed January 17, 2011. ^ ^ Clymer, Floyd. Treasury of Early American Automobiles, 1877–1925. (New York: Bonanza, 1950), p.90. ^ "Sears History - 1890s." Sears. Last updated September 27, 2004. ^ Arnstein & Lehr, The First 120 Years (2013). ^ Emmet and Jeuck, Catalogues and Counters (1950) pp 47-53 ^ Sears, Roebuck and Company (Co.) 1906 New York incorporation ^ Emmet and Jeuck, Catalogues and Counters (1950) pp 53-57 ^ Gregory D. L. Morris, "Attention Shoppers: 1906 Sears IPO Heralds the Triumph of the Consumer Economy," Financial History (2007), Issue 88, pp 20-36 ^ Book: Historic Sears, Roebuck and Co. Catalog Plant ISBN 0-7385-3977-5, opening date. ^ Rodriguez, Linda (July 8, 2009). "Why toilet paper belongs to America". Retrieved August 29, 2010.  ^ "Sears mail order homes". Retrieved November 30, 2011.  ^ Marcel Arbeit, "Sears, Roebuck Catalog Games: The Portable Shop Window and Southern Literature," European Contributions to American Studies (2006) , Vol. 65, pp 29-40. ^ "Julius Rosenwald Pledges $20,000,000 For Sears-Roebuck". The New York Times. December 30, 1921. Retrieved January 6, 2017 – via Proquest. (Subscription required (help)).  ^ Peter M. Ascoli, Julius Rosenwald: The Man Who Built Sears, Roebuck and Advanced the Cause of Black Education in the American South, (2006). ^ Richard Longstreth, "Sears, Roebuck and the Remaking of the Department Store, 1924–42," Journal of the Society of Architectural Historians (2006) 65#2 pp 238-279 ^ [1] Prairie Stone Transportation site. ^ "Sears Centre Arena". The Village of Hoffman Estates. Archived from the original on February 12, 2007. Retrieved February 7, 2007.  Prairie Stone Business Park, Current Sears headquarters location and Sears Centre. ^ Conlon, Michael (March 12, 2009). "Tallest U.S. building to get new name". Reuters. Retrieved July 17, 2009.  ^ Jim Zarroli (April 19, 2009). "Retail Real Estate Braces For Sell-Off". National Public Radio.  ^ Donald R. Katz, The Big Store (1987) ^ Sorkin, Andrew Ross (July 16, 2003). "Sears to Sell Card Portfolio To Citigroup For $3 Billion". The New York Times. Retrieved January 22, 2017.  ^ "S stands for Sears, but not much longer". Chicago Tribune. February 2, 2005. Retrieved November 9, 2017.  ^ "Sears ditches Sears Essentials name". February 22, 2006. Retrieved July 17, 2009.  ^ "Who Killed Sears? 50 Years on the Road to Ruin". Investopedia. 3 November 2017. Retrieved 4 November 2017.  ^ a b c d "Sears Holdings". Retrieved June 4, 2015.  ^ a b "Sears Begins New Wave of Kmart Closures - CoStar Group". Retrieved October 17, 2016.  ^ "#309 Edward Lampert". Forbes. January 22, 2017. Retrieved January 22, 2017. ...took over as Sears CEO in 2013 ... has presided over a remarkable dismantling.  ^ Sweeney, Brigid (January 5, 2017). "With Craftsman sale, Sears takes another step toward the grave". Chicago Business. Crain Communication, Inc. Retrieved January 9, 2017. The company may need $2.5 billion in cash to get through 2017 amid sales declines and store closures, including almost $600 million in minimum pension contributions.  ^ Lauren Coleman-Lochner and Brendan Coffey, Bloomberg (January 9, 2016). "Lampert's rescue of Sears puts him on the hook for $1.2 billion". Toronto Star. Toronto, Canada. Retrieved January 9, 2016.  ^ Coleman-Lochner, Lauren (January 5, 2017). "Sears to Sell Craftsman, Shut 150 Stores as Lampert Raises Cash". Bloomberg. Bloomberg L.P. Retrieved January 9, 2017. Investors cheered the moves, sending Sears up as much as 8 percent to $11.19 in New York. The stock had slumped 55 percent last year as the company continued to post losses.  ^ Sears has 'substantial doubt' about its future Associated Press, Retrieved March 22, 2017 ^ "Is your local Sears or Kmart among 150 stores to be axed? See the list". USA Today. January 5, 2017. Retrieved March 22, 2017.  ^ Jones, Charisse (19 May 2017). "Sears quietly closing 30 more stores". USA Today. Retrieved 20 May 2017.  ^ Naidu, Richa (7 Jul 2017). "Sears to close 43 more stores to cut costs". Reuters. Retrieved 9 July 2017.  ^ "Sears Holdings Fourth Quarter 2016 Earnings Release" (PDF). Sears Holdings. Retrieved March 9, 2017.  ^ Zumbach, Lauren (March 27, 2017). "Sears CEO Lampert takes bigger stake in ailing chain, shares jump". Chicago Tribune. Retrieved March 28, 2017.  ^ Stych, Ed (October 25, 2017). "Sears splits with Whirlpool appliances, splintering 101-year relationship". Dayton Business Journal. Retrieved 5 January 2018.  ^ ^ ^ This Week in Consumer Electronics, Whirlpool Bears First Fruits Of Maytag Merger At Home Depot, September 10, 2006. ^ Yard and Garden, Filling the gap: now that home centers are "servicing what they sell," where do dealers fit into this rapidly changing retail channel?; Profitably running your service department, March 2005. ^ "Profile: Sears Holdings Corp". Retrieved 2017-06-02.  ^ "Form 10-Q for the quarter ending July 29, 2017 – Sears Holdings Corporation". U.S. Securities and Exchange Commission. Retrieved 4 November 2017.  ^ "Sears History". Retrieved January 1, 2010.  ^ "Sears Grand Fact Sheet". Archived from the original on January 27, 2016. Retrieved January 4, 2018.  ^ "Sears Vacations Homepage". Retrieved March 29, 2016.  ^ "New Sears Outlet Store Opens in Queens Village". 2015-05-26. Retrieved 2015-06-03.  ^ a b "Sears gets $446M from Hometown and Outlet spinoff". The Chicago Tribune. October 11, 2012. Retrieved October 26, 2014.  ^ "Sears bids Hometown, Outlet, hardware stores goodbye in spinoff". Los Angeles Times. August 13, 2012. Retrieved October 26, 2014.  ^ "Sears celebrates new name". The Emporia Gazette. March 16, 2009. Archived from the original on July 31, 2012. Retrieved November 25, 2009.  ^ "Profile: Lands' End Inc". ^ "Sears Completes Lands' End Spinoff". Forbes. April 7, 2014. Retrieved October 21, 2014.  ^ "COMPANY This is How a Global Apparel & Lifestyle Company Comes Together". Lands'End. Retrieved October 21, 2014.  ^ "Sears ditches Sears Essentials name". February 22, 2006. Retrieved October 21, 2014.  ^ "Sears to Expand Stand-Alone Auto Outlets", New York Times, March 20, 1997 ^ a b "Sears Plans to Sell National Tire and Battery for $260 Million", by Constance L. Hays, New York Times, September 23, 2003 ^ Lauren Zumbach (May 11, 2016). "Sears planning smaller-format appliance stores". Chicago Tribune.  ^ "A surprisingly new style for Sears: Homelife, Sears new power furniture format, is unlike anything seen before at the nation's largest retailer". 1989. Retrieved July 17, 2009. [dead link] ^ Wilma Randle and Sharon Stangenes (March 18, 1990). "Sears Rearranges Furniture With Homelife". The New York Times. Retrieved June 20, 2017.  ^ "HomeLife Furniture closes its doors". July 11, 2001. Retrieved July 17, 2009.  ^ Schenke, Jarred (September 15, 2000). "Sears eyeing South DeKalb as site for new urban store". Retrieved July 17, 2009.  ^ "Sears to open urban store". Retrieved July 17, 2009.  ^ Sears Holdings (October 4, 2000). "California Ready to Discover The Great Indoors" (Press release). Retrieved 3 January 2018.  ^ Said, Carolyn (January 4, 2012). "Orchard Supply on its own again". San Francisco Chronicle. Retrieved July 20, 2012.  ^ "COVINGTON Trademark Information". LegalForce, Inc. December 14, 2013. Retrieved October 15, 2017.  ^ "Roebucks: 1949–present". October 31, 2006. Retrieved July 17, 2009.  ^ "Sears Acquires Structure Brand from Limited Brands". Sears Holdings. September 15, 2003. Retrieved November 5, 2017.  ^ "STRUCTURE Trademark Information". LegalForce, Inc. February 19, 2015. Retrieved October 15, 2017.  ^ "LAURA SCOTT Trademark Information". LegalForce, Inc. September 11, 2012. Retrieved October 15, 2017.  ^ "SIMPLY EMMA Trademark Information". LegalForce, Inc. October 4, 2017. Retrieved October 15, 2017.  ^ "COLORMATE Trademark Information". LegalForce, Inc. August 3, 2017. Retrieved October 15, 2017.  ^ "SIMPLY STYLED Trademark Information". LegalForce, Inc. December 20, 2016. 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Further reading[edit] Chang, Myong-Hun, and Joseph E. Harrington Jr. "Organizational structure and firm innovation in a retail chain." Computational & Mathematical Organization Theory 3.4 (1998): 267-288. compares Sears' Robert E. Wood with Montgomery Ward's Sewell Avery online[dead link] Emmet, Boris, and John E Jeuck. Catalogs and Counters: A History of Sears, Roebuck and Company (1950), the standard scholarly history Israel, Fred L. 1897 Sears, Roebuck and Co Catalogue 100th Anniversary Edition, Philadelphia: Chelsea House Publishers, 1968. Katz, Donald R. The Big Store: Inside the Crisis & Revolution at Sears (1987) Worthy, James C. Shaping An American Institution: Robert E. Wood and Sears, Roebuck (1986)

External links[edit] Wikimedia Commons has media related to Sears, Roebuck and Company. Official website v t e Sears Holdings Current Management: Eddie Lampert, Chairman (major owner), President and CEO Founders: S. S. Kresge Alvah Curtis Roebuck Richard Warren Sears Retailers: Kmart mygofer Sears Sears Roebuck de México Brands: Celestial Star Country Living DieHard Elle Kenmore Joe Boxer Pier 1 Imports (Mexico) Thom McAn Sears Centre Shopyourway Toughskins Spin-offs: Allstate Coldwell Banker Craftsman Dean Witter Reynolds Discover Card Homart Development Company Kmart Australia Lands' End Martha Stewart Everyday National Tire and Battery OfficeMax Orchard Supply Hardware PayLess Drug Store Sears Hometown & Outlet Stores Defunct and Acquired Properties Borders Group Builders Square The Great Indoors J.C. Higgins Pace Membership Warehouse Prodigy Sears Canada Sears plc Sears Tower Silvertone Sports Authority Tele-Games Venture Stores Waldenbooks Retrieved from "" Categories: Companies based in Cook County, IllinoisDepartment stores of the United StatesFormer components of the Dow Jones Industrial AverageHoffman Estates, IllinoisMail-order retailersSears Holdings1886 establishments in MinnesotaRetail companies established in 1886Manufactured home manufacturersOnline marketplacesAmerican companies established in 1886Hidden categories: Pages containing links to subscription-only contentCS1: Julian–Gregorian uncertaintyAll articles with dead external linksArticles with dead external links from December 2016Use mdy dates from February 2017All articles with unsourced statementsArticles with unsourced statements from January 2018All articles with failed verificationArticles with failed verification from May 2017Pages using div col without cols and colwidth parametersPages using Columns-list with deprecated parametersArticles with dead external links from June 2017

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