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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 executives estimated that their new building would need about 4.2 million square feet (390,000 m 2), split into 70 stories with 60,000 square feet (5,600 m 2) each or 60 stories with 70,000 square feet (6,500 m 2) each. [11] Sears commissioned architecture firm Skidmore, Owings & Merrill (SOM) to design the tower. [19]
Sears plc was a large British -based conglomerate. The company was listed on the London Stock Exchange and was once a constituent of the FTSE 100 Index. It was acquired by Charles Clore in the 1950s who expanded the company to be one of the largest retailers in Britain. It was acquired by Philip Green in 1999 who oversaw the break up of the group.
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