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The Man with the Golden Gun (1974) After receiving a golden bullet with James Bond's code "007" etched into its surface M relieves Bond of a mission locating a British scientist, Gibson, who has invented the "Solex agitator", a device to harness solar power, thereby solving the energy crisis.
129,000–226,000. On 6 and 9 August 1945, the United States detonated two atomic bombs over the Japanese cities of Hiroshima and Nagasaki. The bombings killed between 129,000 and 226,000 people, most of whom were civilians, and remain the only use of nuclear weapons in an armed conflict. Japan surrendered to the Allies on 15 August, six days ...
Leonardo Wilhelm DiCaprio (/diˈkæprioʊ, dɪ-/; Italian: [diˈkaːprjo]; born November 11, 1974) is an American actor and film producer. Known for his work in biographical and period films, he is the recipient of numerous accolades, including an Academy Award, a British Academy Film Award, and three Golden Globe Awards. As of 2019,[update ...
Warren Edward Buffett (/ˈbʌfɪt/ BUF-it; born August 30, 1930)[2] is an American businessman, investor, and philanthropist who currently serves as the co-founder, chairman and CEO of Berkshire Hathaway. As a result of his investment success, Buffett is one of the best-known investors in the world. As of April 2024, he had a net worth of $139 ...
- History
- Corporate Affairs
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- See Also
- Further Reading
- External Links
Beginnings
Richard Warren Sears was born in 1863 in Stewartville, Minnesota, to a wealthy family which moved to nearby Spring Valley. In 1879, his father died shortly after losing the family fortune in a speculative stock deal. Sears moved across the state to work as a railroad station agent in North Redwood, then Minneapolis. While he was in North Redwood, a jeweler refused delivery on a shipment of watches. Sears purchased them and sold them at a low price to the station agents, making a profit. He st...
Early 20th century
Sears and Rosenwald got along well with each other, but not with Nusbaum; they bought his interest in the firm for $1.3 million in 1903 ($44.1 million today).Rosenwald brought to the mail-order firm a rational management philosophy and diversified product lines: dry goods, consumer durables, drugs, hardware, furniture, and nearly anything else a farm household could desire. Sales continued to proliferate, and the prosperity of the company and their vision for more significant expansion led Se...
Decline
In the 1980s, the company began to diversify into non-retail entities such as buying Dean Witter and Coldwell Banker in 1981. In 1984, it launched Prodigy as a joint venture with IBM, and introduced the Discover credit card in 1985. However, these actions have been said to have distracted management's attention from the core retail business and allowed competing retailers to gain significant ground, culminating with Walmartsurpassing Sears as the largest retailer in the United States in 1990....
Logo
1. Logo used in 1907 2. Logo used from 1966 to 1984 3. Logo used from 1984 to 1994 4. Logo used from 1994 to 2004; a red version of this logo is still used by Sears in Mexico. 5. Logo used from 2004 to 2010 in the United States 6. Logo used from 2010 to 2019 7. Logo used from 2020 to Present
Sponsorships
Before the company filed for bankruptcy, Sears sponsored many entertainment and sporting events. From 2006 until 2020, it had the naming rights to an 11,000-seat multi-purpose family entertainment, cultural and sports center in Hoffman Estates the Now Arena. The company sponsored the television series Extreme Makeover: Home Edition. The company also underwrote the PBS television series Mister Rogers' Neighborhood, under the name The Sears-Roebuck Foundation, from the show's premiere in 1968 u...
Employee relations
Sears has struggled with employee relations. One notable example was the shift in 1992 from an hourly wage based on longevity to a base wage (usually between US$3.50 and US$6 per hour) and commissions ranging from 0.5% to 11%. Sears claimed the new base wage, often constituting a substantial (up to 40%) cut in pay, was done "to be successful in this highly competitive environment". In early October 2007, Sears cut commission rates for employees in some departments to between 0.5% and 4% but e...
Mall entrance to the Sears store at Plaza del Norte in Hatillo, Puerto Rico, in 2011. This store closed in April 2021.Sears Auto Center at Steeplegate Mall in Concord, New Hampshire, in 2017. The Auto Center and the main store at this location closed in February 2020.Exterior of the Sears at the Westfield Hawthorn in Vernon Hills, Illinois, in 2006. This location closed in August 2018 and was demolished in 2021.Mall entrance to the former Sears at Paramus Park in Paramus, New Jersey, in 2009. This location closed in 2018.Chang, Myong-Hun, and Joseph E. Harrington Jr. (December 1998). "Organizational structure and firm innovation in a retail chain". Computational & Mathematical Organization Theory 3.4: 267–288. doi:...Creswell, Julie (August 11, 2017). "The Incredible Shrinking Sears". The New York Times. ISSN 0362-4331.Emmet, Boris, and John E. Jeuck. Catalogues and counters: A history of Sears Roebuck and Company(1950).Israel, Fred L. (1993). 1897 Sears, Roebuck, and Co Catalogue 100th Anniversary Edition. Philadelphia: Chelsea House. ISBN 978-0-8775-4045-8.Sears, Roebuck and Company records are archived at the American Heritage Center, University of Wyoming.Google Earth. Google Earth is a computer program that renders a 3D representation of Earth based primarily on satellite imagery. The program maps the Earth by superimposing satellite images, aerial photography, and GIS data onto a 3D globe, allowing users to see cities and landscapes from various angles. Users can explore the globe by entering ...
Stephen William Hawking, CH, CBE, FRS, FRSA (8 January 1942 – 14 March 2018) was an English theoretical physicist, cosmologist, and author who was director of research at the Centre for Theoretical Cosmology at the University of Cambridge.[6][17][18] Between 1979 and 2009, he was the Lucasian Professor of Mathematics at Cambridge, widely ...
