Sears on Thursday announced that it has agreed to sell its Craftsman tools brand to Stanley Black & Decker in a deal valued at $900 million, the latest bid by the flailing retail chain to try to drum ...
Richard W. Sears founded the R.W. Sears Watch Company in 1886 in Minneapolis, Minnesota. Sears, a railroad station agent, started the mail-order watch and jewelry company as a way to supplement his ...