Indiana forward Amanda Cahill goes up for a layup in the second half of the Big Ten Women’s Basketball Tournament at the Sears Centre Arena in Hoffman Estates on March 4, 2015. Sears purchased the Craftsman name for a reported $500 from a competing tool company, launching the brand in 1927. In 2017, Stanley Black & Decker bought the Craftsman brand from Sears for about $900 million in a deal that allowed both companies to make and sell their own tool lines under the same name. While Sears has created a number of signature brands including Kenmore and DieHard, Craftsman tools have already found a new home. Sears briefly re-entered the home sales market with the purchase of residential real estate firm Coldwell Banker in 1981, which it sold along with other nonretail assets in 1993. Hundreds of completed Sears kit homes remain standing in the Chicago area. Models such as the Barrington, Lexington, Kismet and Solace cost several thousand dollars and arrived via rail car in several thousand pieces. Between the early 1900s and 1942, Sears sold thousands of the homes, which buyers ordered from a catalog and built themselves - with the help of a 75-page instructional manual, detailed blueprints and, if necessary, a hired construction professional of their choice. ![]() While not nearly as imposing as its eponymous tower, Sears’ mail-order kit homes leave another architectural legacy dotting the landscape. Between the early 1900s and 1942, Sears sold thousands of kit homes. Atlanta-based Cumulus Media is the station’s current owner.Ī “Hollywood” Sears kit home is seen in Carlinville, Ill., on Jan. Sears sold WLS to Prairie Farmer magazine in 1928, but the legacy call letters have endured through multiple owners and formats. Catering to the rural customer base of the Sears catalog, early program offerings included “National Barn Dance,” which became a long-running staple on the station and an influential force in country music. The call letters stood for “World’s Largest Store,” a moniker Sears earned from its massive headquarters and mail-order plant in Chicago’s Homan Square neighborhood, where the radio studios were initially located. Sears became a broadcasting pioneer when it launched WLS, one of the first Chicago radio stations, in 1924. Riverwoods-based Discover Financial Services spun off as an independent publicly traded company in 2007. Sears spun off the subsidiary in 1993, and it merged with Morgan Stanley four years later. The Discover card was initially part of Sears’ subsidiary Dean Witter Financial Services, a brokerage house the retailer bought in 1981.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |