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There are more than a few similarities between Sears and today's titans of retail.
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Sears, Roebuck and Co., commonly known as Sears (/ s ɪər z / SEERZ), [6] 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-order catalog company migrating to opening retail locations in 1925, the first in Chicago. [7]
Sears Hometown and Outlet Stores Inc. was an American retail company that sold home appliances, lawn & garden equipment, apparel, mattresses, sporting goods, and tools. [3] [4] The company had four subsidiary store formats: Sears Hometown, Sears Outlet, Sears Hardware and Appliance, and Sears Home Appliance Showrooms. [5]
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The mall's anchor stores are Burlington, Gardner Outlet Furniture, and JCPenney, with one vacant anchor last occupied by Sears. The mall was previously owned by Walton Street Capital LLC of Chicago until May 2013 when Vintage Real Estate acquired the mall with plans to renovate and turnaround the struggling mall. [ 2 ]
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