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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]
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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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On August 3, 1937, it was reported that A. W. McClosay and R. E. Paonessa had arrived at the island, accompanied by their respective wives. McClosay and Paonessa were senior officials of the Sears Roebuck and Company, of the United States, and had come to the island with the purpose of opening an office and showroom for a large part of the products sold by said company at the time through ...
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