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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]
Kmart's shareholders turn down the proposal at their June 3 annual meeting. [11] In November 1994, FurnitureMax store within a store concept begins testing in the Cleveland market. [ 12 ] In 1995, Kmart sold off 51% of OfficeMax shares, spinning off the company and became a NYSE -(OMX) publicly traded corporation, based in Shaker Heights, Ohio .
Edward Scott Lampert (born July 19, 1962) [2] is an American billionaire businessman. He is the former chief executive and chairman of Sears Holdings, the founder of Transformco, and the founder, chairman, and chief executive of ESL Investments. Until May 2007, he was a director of AutoNation. [3] He was a director of AutoZone from 1999 to 2006 ...
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