The Norwood plant may be the reason why, by 1925, half of Sears’ 10 home sales offices were in Ohio cities: Cincinnati (located at 129 and 131 W. Fourth St.), Cleveland, Columbus, Akron and Dayton.
In mid-July, Sears lowered its outlook for full-year earnings per share to a range of $4.80 to $5, excluding any impact from the sale of its credit-card business to Citigroup Inc. The retailer's ...
Since the merger, Sears' sales have dropped more than 70% to less than $17 billion, its store count has fallen to under 700 from nearly 4,000, and its stock value has plummeted to about $0.36 ...