Here are the more interesting Sears facts and statistics I was able to dig up including sales and revenue numbers and store information. As always, I will be adding more and updating these periodically as I find new stuff. Be sure to check back regularly.
Please note that some of these numbers are easier to find than others, so some of these are based on news reports and not official company tallies. All Sears stats are linked to their source unless it was sent to me directly from the company. No stat listed on DMR should be considered in making any type of investment decision. In other words: This is the best I can find, but I don’t guarantee anything.
Sears Facts
- Website: sears.com
- Year founded: 1886
- Sears Headquarters: Hoffman Estates, Il
- Sears Founder: Richard Warren Sears & Alvah Curtis Roebuck
Sears History:
- 1886 – R.W. Sears Watch Company is formed
- 1887 – The first Sears catalog is published
- 1893 – Company is renamed to Sears, Roebuck & Company; named after the company’s 2 founders, Richard Warren Sears and Alvah C Roebuck.
- 1895 – Roebuck sells his share of the company to Chicago businessmen Aaron Nusbaum and Julius Rosenwald.
- 1906 – Sears, Roebuck and Co. goes public.
- 1913- The first Kenmore sewing machine is introduced.
- 1922 – The first Sears department store is built. It is located in Chicago where the company is headquartered.
- 1927 – Sears introduces Craftsman
- 1931 – Sears creates Allstate Insurance Company
- 1933 – The first Sears Wishbook Christmas catalog is published.
- 1967 – Sears introduces the DieHard battery.
- 1974 – The massive Sears Tower is build in Chicago.
- 1985 – Sears creates the Discover credit card (Now Discover Financial)
- 1989 – Walmart passes Sears as the largest US retailer.
- 1993 – Sears spins off Discover.
- 1997 – Sears forms National Tire and Battery (NTB)
- 2002 – Sears purchases Lands’ End
- 2003 – Sears sells NTB to TBC Corporation
- 2004 – Kmart purchases Sears and forms Sears Holding Corporation.
- 2013 – Sears Holding spins off Lands’ End.
- 2017 – Stanley Black & Decker purchases Craftsman from Sears.
- 2018 – Sears Holding files for bankruptcy on October 15.
Sears Statistics
Number of Sears stores in the US:
Last updated 2/3/18
Number of states Sears has stores in:
Last updated 2/3/18
Number of Kmart stores:
Last updated 2/3/18
Number of states Kmart has stores in:
Last updated 2/3/18
Average number of service calls made by Sears Home Services technicians:
Last updated 2/3/18
Number of households that have relationships with Sears Home Services:
Last updated 2/3/18
Number of Sears holdings employees:
Last updated 2/3/18
Sears Holdings revenue (annual):
- 2017: $16.7 billion
- 2016: $22.1 billion
- 2015: $25.1 billion
- 2014: $31.1 billion
- 2013: $36.1 billion