Sears Essay

Sears Canada is a retailer based in Toronto, ON, with its parent company Sears Roebuck situated in Chicago, IL. The two companies operate independent of each other; however more or less carry the same product lines. Sears Canada primarily has two major merchandising categories, with Home & Hardlines accounting for 60% of the sales while apparel & accessories represent 40% of the sales. Sears has been in the retail industry in Canada for over 60 years, and has built a significant brand name for

COMPANY BACKGROUND Sears was founded by Richard Sears in 1886 by selling watches (http://searsholdings.com/about/sears/sears-history), and was initially known as R.W. Sears Watch Company. Eventually he started working with Alvah C. Roebuck, and the two created Sears, Roebuck and Company. Over time Sears expanded and became a household name, carrying brands such as Kenmore and Craftsman, which only made the Sears name stronger. Sears, Roebuck and Company offers a wide range of home merchandise, appliances

Sears first opened its doors in 1886. It all started with a man named Richard W. Sears, who wanted to sell watches to the public by mail orders. He began in Minneapolis, Minnesota and later relocated to Chicago, Illinois. In 1887, Sears, sent out an ad calling for a watchmaker. A man known as Alvan C. Roebuck came to Sears, showed him his work, and was hired instantly due to his craftsmanship. These two twenty-year-old men, were leading a soon to be a billion-dollar company, that would later go by

Sears and Kmart, two of America’s oldest and most distinguished retailers became part of Sears Holdings in 2005 after they experienced years of deteriorating sales and profits. Sears catalog and mail order firm was established in 1893 and six years later in 1899, Kmart opened its doors (Sears Archives, 2015). Sears initial target market was the farmer and other rural dwellers who only had access to a limited number of goods in the local general store of which most were overpriced. They began

Sears has made several attempts to improve their business, most of which involved selling off assets and closing stores. Sears has sold off all properties they once owned to Seritage and also sold their Craftsman tools brand to Stanley Black and Decker. Another strategy Sears has tried to compensate for their losses is closing stores. Sears has closed around 100 stores and continues to close more. It was released that Sears is expected to close another 63 stores (45 Kmart and 18 Sears) by the end

Running head: SEARS CORE COMPETENCIES EXAMINED Sears Core Competencies Examined July 8, 2012 Sears Core Competencies Examined All companies have core competencies that they use to differentiate their company, product, or service from the competition, Sears is no exception. Also, it is common for a company’s core competencies to change, as their industry progresses through phases and shifts its emphasis between product and process innovations (Regis University, 2011), Sears is no exception. Yet

Sears Holding Corporation (“SHLD”) is the parent company of Kmart Holding Corporation (“Kmart”) and Sears, Roebuck (“Sears”). Sears, used to be the largest retailer in the United States, with sales representing 1 to 2 percent of the U.S. gross national product for almost 40 years after World War II. Since then, Sears has gradually lost its competitive to discounters such as Walmart and Target and to competitively priced specialty retailers such as Home Depot and Lowes’s. The company has not been

between Sears and Kmart was a very big event in business. At the time both companies were in the top three in sales along with Walmart. A summarized look of the history and background of Sears before the merger all started in 1866, When Mr. Richard W. Sears created a watch company that he named R.W. Sears. This company was in Minneapolis, Minnesota and the watches were only sold via mail orders. The following year the company decided to settle in Chicago as their first real location and Mr. Sears hired

Introduction Sears is a retail chain that offers variety of products and services to customers. These products include large household appliances, clothing, house wares, automotive services, yard equipment including sheds, sporting goods, jewelry, and tools. All of these products are competitively priced and they offer an in-house credit card for major purchases. History In 1886, a station agent in Redwood, Minnesota begins to sell watches to supplement his income. His name was Richard Sears. As the

Sears is facing a huge problem when it comes to making profits anymore and they are continuing to shut down stores. They have already shut down over 100 locations due to them not being as successful as they used to be. They also have a failed stock, drained all their resources, and they are loaded with debt. This company is not able to pull through and make profits anymore because their CEO is not capable of making changes to the company to bring it out of it. He sees that the company is not as presentable