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Sears
Sears, Roebuck and Co. ( ), commonly known as Sears, is an American chain of department stores founded in 1892 by Richard Warren Sears and Alvah Curtis Roebuck and reincorporated in 1906 by Richard Sears and Julius Rosenwald, with what began as a mail ordering catalog company migrating to opening retail locations in 1925, the first in Chicago. In 2005, the company was bought by the management of the American big box discount chain Kmart, which upon completion of the merger, formed Sears Holdings. Through the 1980s, Sears was the largest retailer in the United States. In 2018, it was the 31st-largest. After several years of declining sales, Sears's parent company filed for Chapter 11 bankruptcy on October 15, 2018. It announced on January 16, 2019, that it had won its bankruptcy auction, and that a reduced number of 425 stores would remain open, including 223 Sears stores. Sears was based in the Sears Tower in Chicago from 1973 until 1995, and is currently headquartered in Hof ...
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Transformco
Transform SR Brands LLC (trade name, doing business as Transformco, referred to as "New Sears") is an American privately held company formed on February 11, 2019, to acquire some of the assets of Sears Holdings, Sears Holdings Corporation. The new company is owned by ESL Investments. Following the Chapter 11 bankruptcy filing of Sears Holdings on October 15, 2018, Transformco purchased the surviving assets owned by Sears Holdings for $5.2 billion. On June 3, 2019, it was announced that Transformco would acquire Sears Hometown and Outlet Stores. As per deal, Sears Hometown might need to divest its Sears Outlet division to gain approval. History Fall of Sears Holdings On November 17, 2004, the management of Kmart Holding Corporation announced its intention to purchase Sears, Roebuck and Co. under a new corporation. Kmart previously emerged from Chapter 11, Title 11, United States Code, Chapter 11 bankruptcy protection on May 6, 2003. The new corporation became known as Sears ...
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Sears Holdings
Sears Holdings Corporation was an American holding company headquartered in Hoffman Estates, Illinois. It was the parent company of the chain stores Kmart and Sears and was founded after the former purchased the latter in 2005. It was the 20th-largest retailing company in the United States in 2015. It filed for Chapter 11 bankruptcy on October 15, 2018, and sold its assets to ESL Investments in 2019. The new owner moved Sears assets to its newly formed subsidiary Transform Holdco LLC and after that, Sears Holdings Corporation was closed. History 2004–2005: Formation On November 17, 2004, the management of Kmart Holding Corporation announced its intention to purchase Sears, Roebuck and Co. under a new corporation. Kmart previously emerged from Chapter 11 bankruptcy protection on May 6, 2003. The new corporation became known as Sears Holdings Corporation, simply known as Sears Holdings. The new corporation announced that it would continue to operate stores under both the Sear ...
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Willis Tower
The Willis Tower (originally the Sears Tower) is a 108-story, skyscraper in the Loop community area of Chicago in Illinois, United States. Designed by architect Bruce Graham and engineer Fazlur Rahman Khan of Skidmore, Owings & Merrill (SOM), it opened in 1973 as the world's tallest building, a title that it held for nearly 25 years. It is currently the third-tallest building in the Western Hemisphere, as well as the 23rd-tallest in the world. Each year, more than 1.7 million people visit the Skydeck observation deck, the highest in the United States, making it one of Chicago's most popular tourist destinations. The building occupies a site bounded by Franklin Street, Jackson Boulevard, Wacker Drive, and Adams Street. Graham and Khan designed the building as nine square "tubes", clustered in a 3×3 matrix; seven of the tubes set back at upper floors. The tower has 108 stories as counted by standard methods, though the building's owners count the main roof as 109 and the mec ...
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Kmart (United States)
Kmart Corporation ( , doing business as Kmart and stylized as kmart) is an American retail company that owns a chain of big box department stores. The company is headquartered in Hoffman Estates, Illinois, United States. The company was incorporated in 1899 as S. S. Kresge Corporation and renamed Kmart Corporation in 1977. The first store with the Kmart name opened in 1962 in Garden City, Michigan. At its peak in 1994, Kmart operated 2,486 stores globally, including 2,323 discount stores and Super Kmart Center locations in the United States. As of April 16, 2022, that number was down to nine, including just three in the continental United States.Tyko, Kelly (April 11, 2022"Kmart store closings 2022: Just three Kmarts remain after new round of closures"''USA Today'' From 2005 through 2019, Kmart was a subsidiary of Sears Holdings Corporation. Since 2019, Kmart has been a subsidiary of Transform SR Brands LLC, a privately held company that was formed in 2019 to acquire assets ...
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Richard Warren Sears
Richard Warren Sears (December 7, 1863 – September 28, 1914) was an American manager, businessman and the founder of Sears, Roebuck and Company with his partner Alvah Curtis Roebuck. Early life Sears was born in Stewartville, Minnesota. His father was James Warren Sears, born circa 1828 in New York, a blacksmith and wagon-maker; his mother was Eliza Burton, born in Ohio circa 1843. The family was living in Spring Valley, Minnesota, by June 1870, where his father served as a city councilman and eventually sold his wagon shop in 1875. Both of his parents were of English descent. During his boyhood in Spring Valley, he befriended Almanzo Wilder, the future husband of Laura Ingalls Wilder. In 1880, he started working as a telegraph operator in the town of North Branch, Minnesota, for the Minneapolis and St. Louis Railway, and was later transferred to North Redwood Falls, Minnesota, to be station agent there.
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Julius Rosenwald
Julius Rosenwald (August 12, 1862 – January 6, 1932) was an American businessman and philanthropist. He is best known as a part-owner and leader of Sears, Roebuck and Company, and for establishing the Rosenwald Fund, which donated millions in matching funds to promote vocational or technical education. In 1919 he was appointed to the Chicago Commission on Race Relations. He was also the principal founder and backer for the Museum of Science and Industry in Chicago, to which he gave more than $5 million and served as president from 1927 to 1932. Early life Julius Rosenwald was born in 1862 to the clothier Samuel Rosenwald and his wife Augusta (Hammerslough), a Jewish immigrant couple from Germany. He was born and raised just a few blocks from Abraham Lincoln's residence in Springfield, Illinois, during Lincoln's presidency. In 2020, the house, formerly known as ''Lyon House'', was renamed in his honor, and a plaque erected. By his sixteenth year, Rosenwald was apprenticed ...
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Alvah Curtis Roebuck
Alvah Curtis Roebuck (January 9, 1864 – June 18, 1948) was the co-founder of Sears, Roebuck and Company with his partner Richard Warren Sears. Early life Alvah Curtis Roebuck was born on January 9, 1864, in Lafayette, Indiana. He began work as a watchmaker in a Hammond, Indiana, jewelry store at age 12. Career Roebuck co-founded Sears, Roebuck and Company with Richard Warren Sears in 1891. In 1895, Roebuck asked Sears to buy him out for about $20,000. At Richard Sears' request, Roebuck took charge of a division that handled watches, jewelry, optical goods, and, later, phonographs, magic lanterns and motion picture machines. His business interests did not end with Sears. He later organized and financed two companies: a manufacturer and a distributor of motion picture machines and accessories. Roebuck also served as president (1909–1924) of Emerson Typewriter Company, where he invented the improved typewriter, called the "Woodstock." After several years in semi-retirement ...
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Mail Order
Mail order is the buying of goods or services by mail delivery. The buyer places an order for the desired products with the merchant through some remote methods such as: * Sending an order form in the mail * Placing a telephone call * Placing an order with a few travelling agents and paying by installments * Filling in a form on a website or mobile app — if the product information is also mainly obtained online rather than via a paper catalogue or via television, this model is online shopping or e-commerce Then, the products are delivered to the customer. The products are usually delivered directly to an address supplied by the customer, such as a home address, but occasionally the orders are delivered to a nearby retail location for the customer to pick up. Some merchants also allow the goods to be shipped directly to a third party consumer, which is an effective way to send a gift to an out-of-town recipient. Some merchants delivered the goods directly to the customer via t ...
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Chicago
(''City in a Garden''); I Will , image_map = , map_caption = Interactive Map of Chicago , coordinates = , coordinates_footnotes = , subdivision_type = Country , subdivision_name = United States , subdivision_type1 = State , subdivision_type2 = Counties , subdivision_name1 = Illinois , subdivision_name2 = Cook and DuPage , established_title = Settled , established_date = , established_title2 = Incorporated (city) , established_date2 = , founder = Jean Baptiste Point du Sable , government_type = Mayor–council , governing_body = Chicago City Council , leader_title = Mayor , leader_name = Lori Lightfoot ( D) , leader_title1 = City Clerk , leader_name1 = Anna Valencia ( D) , unit_pref = Imperial , area_footnotes = , area_tot ...
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Hoffman Estates, Illinois
Hoffman Estates is a village in Illinois, United States. The village is located primarily in Cook County, with a small section in Kane County. It is a suburb of Chicago. Per the 2020 census, the population was 52,530. The village now serves as the headquarters for Sears and the American headquarters for Mori Seiki. The village owns Now Arena, home of the Windy City Bulls of the NBA G League. In 2009, the village hosted the Heartland International Tattoo, one of the largest music and dance festivals of its kind in the Midwest. History Prior to the 1940s, German settlers moved into the area west of Roselle Road and north of Golf Road, then known as Wildcat Grove. The area was sparsely populated until gentleman farmers purchased land in the area in the 1940s. In 1954, Sam and Jack Hoffman, owners of a father-son owned construction company, bought 160 acres of land in the area. The pair constructed homes and began the development the region which now bears their name. As resid ...
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Westland Mall (Hialeah)
Westland Mall is a shopping mall in Hialeah, Florida, United States. The anchor stores are Macy's and JCPenney. The mall has over 100 stores. Westland Mall has several restaurants, Fuddruckers, Chili's, Outback Steakhouse, IHOP and a food court with McDonald's, Subway, Charlys Grill Subs and more. The mall experiences about 10 to 12 thousand people daily from the Miami metropolitan area. The mall, then named "Westland Mall" opened in the summer of 1971, after the mall was built to the east of the then standalone Burdine's Department Store. At that time its anchors were Sears, Burdine's and JCPenney. Its restaurants included a medium-sized cafeteria and a Farrell's Ice Cream parlor. In 2015, Sears Holdings spun off 235 of its properties, including the Sears at Westland Mall, into Seritage Growth Properties. Sears downsized the first level for Forever 21 and Xfinity, and a portion of the former auto center is expected to become Panera Bread. On November 7, 2019, it was announ ...
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Richard Sears
Richard Sears may refer to: *Richard Warren Sears (1863–1914), founder of Sears, Roebuck and Co. *Richard Sears (pilgrim) (1595–1676), early settler of Yarmouth, Cape Cod, Massachusetts *Richard Sears (tennis) Richard Dudley Sears (October 26, 1861 – April 8, 1943) was an American tennis player, who won the US National Championships singles in its first seven years, from 1881 to 1887, and the doubles for six years from 1882 to 1887, after which he ... (1861–1943), American tennis player * Richard W. Sears (born 1943), Vermont state senator {{hndis, Sears, Richard ...
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