Sears Essay

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  • Sears

    2107 Words  | 9 Pages

    Sears Canada is a retailer based in Toronto, ON, with its parent company Sears Roebuck situated in Chicago, IL. The two companies operate independent of each other; however more or less carry the same product lines. Sears Canada primarily has two major merchandising categories, with Home & Hardlines accounting for 60% of the sales while apparel & accessories represent 40% of the sales. Sears has been in the retail industry in Canada for over 60 years, and has built a significant brand name for

  • Company Background Of Sears Company Essay

    880 Words  | 4 Pages

    COMPANY BACKGROUND Sears was founded by Richard Sears in 1886 by selling watches (, and was initially known as R.W. Sears Watch Company. Eventually he started working with Alvah C. Roebuck, and the two created Sears, Roebuck and Company. Over time Sears expanded and became a household name, carrying brands such as Kenmore and Craftsman, which only made the Sears name stronger. Sears, Roebuck and Company offers a wide range of home merchandise, appliances

  • Sears Core Competencies

    1873 Words  | 8 Pages

    Running head: SEARS CORE COMPETENCIES EXAMINED Sears Core Competencies Examined July 8, 2012 Sears Core Competencies Examined All companies have core competencies that they use to differentiate their company, product, or service from the competition, Sears is no exception. Also, it is common for a company’s core competencies to change, as their industry progresses through phases and shifts its emphasis between product and process innovations (Regis University, 2011), Sears is no exception. Yet

  • Swot Analysis Of Sears

    984 Words  | 4 Pages

    between Sears and Kmart was a very big event in business. At the time both companies were in the top three in sales along with Walmart. A summarized look of the history and background of Sears before the merger all started in 1866, When Mr. Richard W. Sears created a watch company that he named R.W. Sears. This company was in Minneapolis, Minnesota and the watches were only sold via mail orders. The following year the company decided to settle in Chicago as their first real location and Mr. Sears hired

  • Sears Is A Retail Chain

    2133 Words  | 9 Pages

    Introduction Sears is a retail chain that offers variety of products and services to customers. These products include large household appliances, clothing, house wares, automotive services, yard equipment including sheds, sporting goods, jewelry, and tools. All of these products are competitively priced and they offer an in-house credit card for major purchases. History In 1886, a station agent in Redwood, Minnesota begins to sell watches to supplement his income. His name was Richard Sears. As the

  • Sears Case Study Solution

    1295 Words  | 6 Pages

    Sears is facing a huge problem when it comes to making profits anymore and they are continuing to shut down stores. They have already shut down over 100 locations due to them not being as successful as they used to be. They also have a failed stock, drained all their resources, and they are loaded with debt. This company is not able to pull through and make profits anymore because their CEO is not capable of making changes to the company to bring it out of it. He sees that the company is not as presentable

  • sears analysis

    1877 Words  | 8 Pages

    Business and Industry Analysis Business Analysis Sears Roebuck & Co., founded by R. W. Sears in 1886, is a multi-line retailer that offers a variety of merchandise and related services. It operates primarily in the United States, Puerto Rico, and Canada. Sears, Roebuck, & Co. is ranked fifth in 3 the retail market, behind: Wal-mart Stores Inc., Target Corp., Kohl’s Corp, and JC Penney Company Inc. In 2003, the company was divided into three domestic segments: Retail and Related Services, Credit

  • Sears Holdings Corporation Strategic Plan

    2227 Words  | 9 Pages

    Sears Holdings Corporation is a company that came from two very well known organizations, Sears and Kmart. Both companies go back even farther than the 1900s and unfortunately both companies experienced financial difficulty at one point. With the merger Sears Holdings Corporation has the experience of both organizations as well as their different style of operating. Along with an improved customer base and a new outlook Sears Holdings Corporation is experiencing financial growth. Richard W. Sears

  • Sears/Kmart Merger Case Study

    3714 Words  | 15 Pages

    On November 17th, 2004 Kmart and Sears publicly announced the impending merger of the two struggling companies to become Sears Holding Corporation. Kmart, for 11.5 billion dollars would be the buyer, however due to strong brand name recognition and history, Sears would be the face of the new conglomerate. At the heart of this merger was Edward Lampert, an extremely successful hedge fund manager who had made a name for himself by, purchasing companies in the red and making them profitable once again

  • Company Analysis: Sears Holding Corporation

    3167 Words  | 13 Pages

    Company Analysis: Sears Holding Corporation Abstract Sears Holdings Corporation (SHC) is the nation's fourth largest broadline retailer with approximately 3,900 full-line and specialty retail stores in the United States and Canada. Formed in the later part of the 19th century it was the largest retail company in the country until the early nineties. SHC is currently the leading home appliance retailer as well as a leader in tools, lawn and garden, home electronics and automotive repair and maintenance