According to Wikipedia: "Sears, Roebuck & Co., also known simply as Sears, is an American department store chain founded by Richard Warren Sears and Alvah Curtis Roebuck in 1886."
Look at the bright side, 131 years. THAT was a good run. Perhaps in a few years from now, some other company, feeling retro, will bring back the name through a licensing agreement.
OK, maybe Sears is not done for YET, but this video clip may demonstrate where they currently stand...
Sears has had an impressive history. In Chicago alone, they had TWO, count them TWO Sears Towers!
|Original Sears Tower (Corporate home: 1906-1974) Sears Tower (Corporate home: 1974-1988)|
Over the years, Sears has been the parent to many other major national brands.
So they were not able to retain those, but they still had other valuable longtime brands including; Kenmore, DieHard and Craftsman.
Tribune headline (1-5-2017):
Sears sells Craftsman brand to Stanley's Black & Decker for about $900 million
Well, if that is not the first nail in the coffin. (Craftsman: Powerful. Durable. Sold.)
In the late 70's, my mom went to Sears, (as ALL moms did back then), and she saw a sale on denim suits for little boys for only $2 EACH suit. That would be almost $4 in today's economy. So, she bought one in every size. This explains why in most of my school pictures, I am seen wearing the same suit, regardless of how much I grew.
According to my memory, the last thing they did well, was when they ran a campaign to attract females back with their "Softer side of Sears" commercials in the 80/90's.
They had come a LONG way from their earlier days, as seen here in their 1909 Sears catalog:
|BUST CREAM and a device called a PRINCESS BUST DEVELOPER???|
Perhaps Sears will be the next Montgomery Ward.