Sears

Sears, Roebuck and Company, colloquially known as Sears, is a chain of department stores founded by Richard Warren Sears and Alvah Curtis Roebuck in 1893, reincorporated by Richard Sears and new partner Julius Rosenwald in 1906.

Source: sears.com

As Sears Cuts Its Illinois Roots, A New Generation of Super-Retailers Watches — And Waits 
As Sears Cuts Its Illinois Roots, A New Generation of Super-Retailers Watches — And Waits 
September 18, 2021  |  Retail

Kenmore. DieHard. Craftsman. Discover Card. Allstate Insurance. This collection of iconic, if somewhat disparate, brands all share a common ancestor.  These (and more) were created...

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Sears to Close Final Store in Home State of Illinois
Sears to Close Final Store in Home State of Illinois
September 17, 2021  |  Retail

Sears will close its last Illinois-based department store Nov. 14, when the location in Simon Property Group’s Woodfield Mall shuts its doors for the final...

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Amazon In Talks With Simon To Turns Malls Into Distribution Centers
Amazon In Talks With Simon To Turns Malls Into Distribution Centers
August 09, 2020  |  Retail

Amazon could fill the nation’s shuttered anchor stores as the pandemic contributes to the death of brick-and-mortar retailers. Simon Property Group, the nation’s largest mall...

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Pandemic Brings Dark Days For Department Stores
Pandemic Brings Dark Days For Department Stores
July 02, 2020  |  Retail

If department stores survive this pandemic, July 1, 2020 will almost certainly mark the point where the format reached one of its darkest days. On...

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New Data Says Department Stores Have 40 Percent Chance Of Defaulting
New Data Says Department Stores Have 40 Percent Chance Of Defaulting
April 09, 2020  |  Retail

Former Rue21 CEO Bob Fisch said in a recent interview that department stores were “fossils” and belonged in museums only, and new market data doesn’t...

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Costco Pays $1B To Sears Owner For Logistics Co Innovel
Costco Pays $1B To Sears Owner For Logistics Co Innovel
March 17, 2020  |  Retail

Costco has announced the purchase of logistics company Innovel Solutions, which was owned by Sears parent company Transform Holdco, according to a report by The...

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Suppliers’ Late Payments Woes Expand Across Borders
Suppliers’ Late Payments Woes Expand Across Borders
February 17, 2020  |  B2B Payments

Small businesses’ late payment pains know no borders. This week’s B2B Data Digest uncovers the global cash flow threat of extended supplier payment terms, with...

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Late Payments Cause Cash Flow Pain From UK To India
Late Payments Cause Cash Flow Pain From UK To India
January 20, 2020  |  B2B Payments

Among other strategies, the U.K. has enlisted a name-and-shame approach to late-paying corporates. Yet analysts agree that the late B2B payments problem continues to worsen....

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Q3 Retail Earnings Show Mixed Bag Of Consumer Spending
Q3 Retail Earnings Show Mixed Bag Of Consumer Spending
November 20, 2019  |  Retail

Consumer spending shows mixed demand as the holiday shopping season gets underway, The Wall Street Journal (WSJ) reported on Tuesday (Nov. 19). Weak sales at...

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