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In 1993, Sears spun off its Dean Witter division into a new publicly-traded company, [15] and began to accept MasterCard and Visa in addition to its store credit card and Discover. Discover became part of the Dean Witter financial services firm, and the new company was called Dean Witter, Discover & Co.
Its credit card operations accounted for a loss of $22 million in the fourth quarter of 1986, and a loss of $25.8 million in the first quarter of 1987. [ 4 ] In March 1993, Sears sold off its financial services branch as a new independent publicly traded company called Dean Witter, Discover & Co. with Dean Witter Reynolds in charge. [ 5 ]
Sears Holdings Corporation was an American holding company headquartered in Hoffman Estates, Illinois.It was the parent company of the chain stores Kmart and Sears and was founded after the former purchased the latter in 2005. [7]
Sears is unveiling a new payment option for customers: an enhanced Sears credit card. Giving their branded store card a facelift, Sears says it added more retail value to carrying a Sears card. ...
We told you recently how getting the credit card rewards you've spent your hard-earned dollars to earn can sometimes be an uphill climb. Card issuers will do things like implement expiration dates ...
Consumer benefits (5%): Cards were ... (the Platinum Secured Credit Card from Capital One goes as low as $49 depending on your creditworthiness), but provided you don’t mind locking up that much ...
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Sears, Roebuck and Co. (/ s ɪər z / SEERZ), [5] commonly known as Sears, 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 ordering catalog company migrating to opening retail locations in 1925, the first in Chicago. [6]