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Sears, Roebuck and Co. (/ s ɪər z / SEERZ), [5] 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. [6]
Sears Canada Inc. was a publicly-traded Canadian company affiliated with the American-based Sears department store chain. In operation from 1952 until January 14, 2018, and headquartered in Toronto, Ontario, the company began as Simpsons-Sears—a joint venture between the Canadian Simpsons department store chain and the American Sears chain—which operated a national mail order business and ...
Sears Outlet provides in-store and online access to new, one-of-a-kind, out-of-carton, discontinued, obsolete, used, reconditioned, overstocked, and scratch-and-dented merchandise at a discounted price (at twenty to sixty percent off regular retail price) [33] [34] Each store, on average, is larger than 18,000 square feet in size. [35]
Polymer Corporation – sold to NOVA Corp and then Bayer AG. Radio Shack (Canadian division) – electronics store. Seagram – spirits and wine. Target Canada – closed because of a $2.1 billion loss for Target Corporation. Terra Transport. Towers Department Stores – department store chain; acquired by Zellers.
Montgomery Ward. Montgomery Ward is the name of two successive U.S. retail corporations. The original Montgomery Ward & Co. was a mail-order business and later a department store chain that operated between 1872 and 2001. The current Montgomery Ward Inc. is an online shopping and mail-order catalog retailer that started several years after the ...
Hart Stores. HomeSense Canada — Canadian units of US-based HomeSense, owned by TJX. Hudson's Bay — owned by American group, NRDC Equity Partners. La Maison Simons. Lens Mill Store. Marshalls Canada — Canadian unit of US-based Marshalls, owned by TJX. Giant Tiger. Red Apple Stores. Fields.
That year, the two brands counted 3,500 US stores between them and more than 300,000 employees. Today’s Sears’ footprint is minuscule, with no more than 12 Sears stores remaining in the ...
Sears Holdings owned 51 percent of Sears Canada, [12] a large department store chain in Canada similar to the U.S. stores. At one point it owned as much as 92% of the Canadian company, [13] but it failed in 2006 to buy the remainder of Sears Canada that it did not own because Bill Ackman took a 17.3 percent stake in it and prevented any ...
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