THE RISE AND FALL OF SEARS, ONCE THE LARGEST AND MOST POWERFUL RETAILER IN THE WORLD

Reuters Sears was once the largest retailer in the world, with a sky-scraping headquarters and legacy brand status. What started as a humble mail-order watch and jewelry service in 1886 soon shot to popularity through its affordable catalogs. But with the changing retail landscape, sales fell from $43 billion in 2010 to less than $17 billion in 2017. By February 2020, a mere 182 stores are expected to remain in operation, down from 3,500 st...

BusinessInsider (Date:01/24/2020 19:41) Read full article >>

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