LYCOS RETRIEVER
Sears: Sears Retail
built 662 days ago
The first Sears retail store opened in Chicago on February 2, 1925 in the Merchandise building (in a portion of the company's headquarters at Homan Avenue and Arthington Street). This store included an optical shop and a soda fountain.[3] The first freestanding retail store opened October 5, 1925 in Evansville, Indiana.[4] During the summer of 1928 three more Chicago department stores opened, one on the north side at Lawrence and Winchester, a second on the south side at 79th and Kenwood, and the third at 62nd and Western. In 1929 Sears took over the department store business of Becker-Ryan Company. In 1933 Sears tore down the old Becker-Ryan Company store in Englewood, and built the first windowless department store, inspired by the 1932 Chicago World's Fair.
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A spokesman for Sears, Roebuck, which sells about 800,000 stoves each year, more than any other retailer, declined to comment. Home Depot spokeswoman Jean Osta Niemi said the home-improvement company attaches anti-tip brackets free when customers request range installation. Buyers can choose between wall and floor mounts, she said. Lowe’s spokeswoman Jennifer Wilson said the company asks whether customers want brackets installed and mounts them free.
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Sears is one of the few retailers to still pay commission though. They believe that this will create more knowledgeable employees and provide better customer service. However, in early October 2007 Sears cut commission rates for employees in select departments.
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Beginning this spring, Sears becomes the exclusive national retailer to sell the Snapper brand of lawn equipment. The select Snapper branded products to be carried at Sears stores nationwide include three new self-propelled walk behind mowers, two new lawn tractors and a new zero turn riding mower. All three product lines are newly designed to be homeowner friendly and affordably priced.
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Sears' earnings are down 99% and there's really no denying that something is going wrong with the retailer. Same store sales, the most important indicator of the health of a store, fell 4.2 percent in the third quarter. more
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The fabled retail brand of Sears is in trouble. Now owned by hedge fund executive Edward Lampert, the company has recently announced its latest attempt--of many--at a turnaround, along with the departure of its CEO.
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