Sears, Roebuck and Co., commonly known as Sears ,[7][8] is an American chain of department stores and online retailer. The company was founded in 1892 by Richard Warren Sears and Alvah Curtis Roebuck and reincorporated in 1906 by Richard Sears and Julius Rosenwald. The company began as a mail-order catalog company and opened its first retail locations in 1925.[9] Through the 1980s, Sears was the largest retailer in the United States.[10]
In 2005, Eddie Lampert took control of the company through Kmart.[11][12] The merger resulted in Sears Holdings. Sears' parent company filed for Chapter 11 bankruptcy on October 15, 2018.[13] After the bankruptcy, Transformco has shifted focus onto managing and selling off the remaining real estate assets.[14][15]
From 2,705 stores at its peak in 2011,[16][17] only five stores are still open in the U.S. as of December 2025.[2]
History
Beginnings
Richard Warren Sears was born in 1863 in Stewartville, Minnesota, to a wealthy family which moved to nearby Spring Valley.[18] In 1879, his father died shortly after losing the family fortune in a speculative stock deal.[18] Sears moved across the state to work as a railroad station agent in North Redwood, then Minneapolis.
While he was in North Redwood, a jeweler refused delivery on a shipment of watches. Sears purchased them and sold them at a low price to the station agents, making a profit. He started a mail-order watch business in Minneapolis in 1886, calling it the R.W. Sears Watch Company. That year, he met Alvah Curtis Roebuck, a watch repairman. In 1887, Sears and Roebuck relocated the business to Chicago, and the company published Richard Sears's first mail-order catalog, offering watches, diamonds, and jewelry.
In 1889, Sears sold his business for $100,000 ($ in dollars) and relocated to Iowa, planning to be a rural banker.[19]
Corporate affairs
Logo
Sponsorships
Before the company filed for bankruptcy, Sears sponsored many entertainment and sporting events.
From 2006 until 2020, it had the naming rights to an 11,000-seat multi-purpose family entertainment, cultural and sports center in Hoffman Estates, the Now Arena.[110]
The company sponsored the television series Extreme Makeover: Home Edition.[111] The company also underwrote the PBS television series Mister Rogers' Neighborhood, under the name The Sears-Roebuck Foundation, from the show's premiere in 1968 until 1992.[112]
Through the Sears Auto Centers, the company sponsored the
Leadership
President
- 1) Richard W. Sears, 1886–1908
- 2) Julius Rosenwald, 1908–1924
- 3) Charles M. Kittle, 1924–1928
- 4) Robert E. Wood, 1928–1939
- 5) Thomas J. Carney, 1939–1942
- 6) Arthur S. Barrows, 1942–1946
- 7) Fowler B. McConnell, 1946–1958
- 8) Charles H. Kellstadt, 1958–1960
- 9) Crowdus Baker, 1960–1968
- 10) Arthur M. Wood, 1968–1973
- 11) A. Dean Swift, 1973–1981
- 12) Edward R. Telling, 1981–1982
- 13) Archie Boe, 1982–1986
Gallery
See also
- Retail apocalypse
Further reading
- Chang, Myong-Hun, and Joseph E. Harrington Jr. (December 1998). "Organizational structure and firm innovation in a retail chain". Computational & Mathematical Organization Theory 3.4: 267–288. . Compares Sears's Robert E. Wood with Montgomery Ward's Sewell Avery.
- Emmet, Boris, and John E. Jeuck. Catalogues and counters: A history of Sears Roebuck and Company (1950).
External links
- Sears, Roebuck and Company records are archived at the American Heritage Center, University of Wyoming.
- Sears Roebuck catalog from 1898 (1,056 pages)
References
- Sears – History & Facts Britannica, December 14, 2023^
- Ava Levinson. Just 5 Stores Remain From This Once-Dominant Retail Chain as Holiday Season Arrives Inc., December 8, 2025, retrieved January 1, 2026^
- Sears Holdings Corporation. 2016 Form 10-K, Sears Holding Corporation