Photos: The rise and fall of Sears | CNN (2024)

Photos: The rise and fall of Sears | CNN (1)

A dismantled sign leans outside a Sears store in Nanuet, New York, one day after it closed in 2019.

U.S.

Updated 1:55 PM EST, Tue November 29, 2022

Sears was both the Walmart and Amazon of its time.

It started 136 years ago and made its name through its catalog business, selling mass-produced goods to Americans all across the country.

By the middle of the 20th century, it was the largest private-sector employer in the United States, with its stores anchoring malls and spreading rapidly.

But Sears, like many department stores, has fallen on hard times. The company has been bleeding money since 2011, and it filed for bankruptcy in 2018.

In February 2019, a judge approved the sale of most of its assets to a hedge fund controlled by Eddie Lampert, the company's chairman, for $5.2 billion. The decision kept 425 stores open and saved the jobs of about 45,000 employees.

But its downward spiral has continued, leaving the company with only 15 full-line Sears stores still open.

Photos: The rise and fall of Sears | CNN (2)

Businessman Richard W. Sears was a railroad station agent who started selling watches as a side business in North Redwood, Minnesota, in 1886. The following year, he moved to the company's first Chicago location and hired watchmaker Alvah Roebuck. The two started a catalog business selling watches and jewelry in 1888, incorporating under the Sears Roebuck name in 1893.

Photos: The rise and fall of Sears | CNN (3)

The cover of a Sears Roebuck and Co. catalog in the fall of 1900. The Sears catalog was the way many Americans first started to buy mass-produced goods.

Photos: The rise and fall of Sears | CNN (4)

A Sears, Roebuck and Co. store in El Paso, Texas, circa 1940. Sears' stores helped reshape America, drawing shoppers away from the traditional Main Street merchants.

Photos: The rise and fall of Sears | CNN (5)

Sales clerks go on strike in Chicago circa 1946.

Photos: The rise and fall of Sears | CNN (6)

A Sears store in Jackson, Mississippi, in 1949.

Photos: The rise and fall of Sears | CNN (7)

People vote inside a Sears store in Tucson, Arizona, in 1953.

Photos: The rise and fall of Sears | CNN (8)

A woman receives a cosmetics consultation at a Sears store in Caracas, Venezuela, circa 1953.

Photos: The rise and fall of Sears | CNN (9)

A worker goes over files in Sears' catalog office.

Photos: The rise and fall of Sears | CNN (10)

Cars fill a parking lot outside a Sears store, circa 1958.

Photos: The rise and fall of Sears | CNN (11)

Sales clerk Lucille Jagusch shows drapery samples to shopper Arlene Hardt at a Sears store in Niles, Illinois, in 1961.

Photos: The rise and fall of Sears | CNN (12)

People shop inside a Sears store in Morton Grove, Illinois, in 1961.

Photos: The rise and fall of Sears | CNN (13)

Soldiers guard a Sears store in Baltimore after riots broke out following the assassination of Martin Luther King Jr. in 1968.

Photos: The rise and fall of Sears | CNN (14)

People watch the Apollo 11 rocket launch at a Sears store in White Plains, New York, in 1969.

Photos: The rise and fall of Sears | CNN (15)

An iron worker helps construct the Sears Tower in Chicago. Sears' new headquarters, built in 1973, was the world's tallest building until 1998. Sears sold the building in 1994.

Photos: The rise and fall of Sears | CNN (16)

A customer shops in Woodfield, Illinois, in 1991.

Photos: The rise and fall of Sears | CNN (17)

A woman works at a Sears in Hicksville, New York, in 1994.

Photos: The rise and fall of Sears | CNN (18)

Seth Meyers, left, and Hugh Jackman play Sears photographers during a "Saturday Night Live" skit in 2001.

Photos: The rise and fall of Sears | CNN (19)

Kaylin Wilson sets up children's clothes in a Kmart in Nashua, New Hampshire, in 2005. The store was the first Kmart in the country to begin receiving Sears merchandise after stockholders voted on a merger to form the nation's third largest retailer.

Photos: The rise and fall of Sears | CNN (20)

Black Friday shoppers duck under the opening door of a Sears store in Mentor, Ohio, in 2011.

Photos: The rise and fall of Sears | CNN (21)

A woman in Mississauga, Ontario, looks at used store furniture for sale in 2018. The Sears location was closing forever.

Photos: The rise and fall of Sears | CNN (22)

Shoppers wait in line by an empty rack of jeans during a 2019 Black Friday sale at a Sears store in Hialeah, Florida.

Photos: The rise and fall of Sears | CNN (23)

Residents cast their vote in the 2020 presidential election at a shuttered Sears store in Janesville, Wisconsin.

Photos: The rise and fall of Sears | CNN (24)

Cesar Villasenor, right, sweeps away dirt in front of a vacant Sears store in Santa Monica, California, in 2020. The location underwent a $50 million makeover to turn the Art Deco-style building into an office, restaurant and retail complex.

Photos: The rise and fall of Sears | CNN (25)

A police sergeant receives a Covid-19 vaccination in a former Sears store at the Townsquare Mall in Rockaway, New Jersey, in 2021.

Photos: The rise and fall of Sears | CNN (26)

People arrive to receive Covid-19 shots in 2021 at a vaccination site in a former Sears store at the Lake Square Mall in Leesburg, Florida.

Photos: The rise and fall of Sears | CNN (27)

Patti Naleck pushes a cart carrying a mannequin through a Sears store that was about to permanently close in Schaumburg, Illinois, in 2021. Naleck said she plans to use the mannequin for Halloween displays.

Photos: The rise and fall of Sears | CNN (2024)

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