From heroin to houses, Sears had it all. But before the Chicago business became America’s largest retailer—and affixed its name to the world’s tallest building—Sears started by selling time.
In 1886, a 22-year-old station agent on the Minneapolis and St. Louis Railway purchased a shipment of unwanted gold watches from a local jeweler. Wristwatches had just hit the market, and since station agents needed to track train schedules, the young man thought he might hawk the watches to his fellow railway workers. The plan worked. Richard W. Sears turned a handsome profit, then moved to Minneapolis to establish the R.W. Sears Watch Company.
The following year, Sears moved to Chicago and partnered with Alvah C. Roebuck, a self-taught Hammond, Indiana, watchmaker he found through a Chicago Daily News classified ad. Roebuck soon asked Sears to buy him out, but not before lending his name to the company marquee: “Sears, Roebuck and Co.”
In 1888, Sears issued his first catalog, a thin mailer that featured only watches and jewelry. According to his apocryphal ad copy, which he always wrote himself, Sears claimed “THE LOWEST PRICES ON EARTH.” A consummate huckster, he soon started selling sundry items: buggies, bicycles, firearms, baby carriages and more.
Sears’s mail-order catalog, or “Big Book” as it was later known, became the Amazon of the Victorian era (and beyond). Like Amazon, Sears was a crucial cog in the American wheel, a giant of its time. Over its century-plus span, the Big Book grew to well over 1,000 pages and sold more than 100,000 items, including tools, hardware, apparel, appliances, furniture, sporting goods, auto supplies, farm equipment and entertainment centers. After opening its first brick-and-mortar store in 1925, Sears rose as the nation’s largest retail chain, introducing in-house brands like DieHard, Kenmore and Craftsman. In 1973, the company’s headquarters, the Sears Tower, became the tallest building in the world.
But as the 20th century faded, so did Sears—its brick-and-mortar businesses were replaced, ironically, by companies like Amazon, a convenient mail-order enterprise. On January 25, 1993, Sears ceased production of its famous Big Book catalog. In 2009, its famous Chicago skyscraper was renamed the Willis Tower. And in 2018, the company declared bankruptcy.