Sears Holdings Corporation

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• Edward Lampert ( Chairman )
• Bruce Johnson ( CEO)

Sears Holdings Corporation (formerly known as Sears, Roebuck and Company) is a company from the United States with headquarters in Chicago, Illinois. Sears is listed on the stock index S & P 500.

The company was founded in 1886 in Minneapolis by Richard Warren Sears as Sears Watch Company. 1893 the company moved to Chicago, where the Sears Roebuck watchmaker AC stopped. The company was renamed later as Sears, Roebuck & Co. Between 1906 and 1911 also automobiles were produced. 1909 Sears retired. The turnover was 40 million U.S. dollars at this time.

Lessing Julius Rosenwald was 1932-1939 Chairman of the Board at Sears. He was the son of co-owner and CEO Julius Rosenwald.

Founded as a mail order there was beyond small shops; mainly for it, so that customers could pick up the ordered goods through the catalog also.

After the Second World War, Sears opened in the U.S. and large shops in malls and was up in the 1980s to the largest retailers in the United States.

Sears was the first and only commercial company that established a generally valid credit card, so no customer card with a payment function at the market. The card is available under the name Discover Card, even if it is now issued by a bank today.

1974 was completed in Chicago Sears Tower, which is still second tallest building in the United States. There, the company Sears had their headquarters until the 1990s. 2009, the building was renamed Willis Tower, however, since there moved a new tenant, those who acquired Willis Group Holdings, the naming rights to the building.

In 1993, the previously belonging to Sears Allstate company went public, and Sears sold his shares. 2005 Sears merged with the retail chain Kmart.

In Germany Sears, is represented by a branch of the U.S. mail order company Lands' End, a wholly owned subsidiary of Sears.