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On Wednesday, reports surfaced that retailer Sears might file bankruptcy, which could force the closure of some, if not all, of the retailer's remaining 900 locations. While other retailers in recent years, such as Toys 'R' Us and RadioShack have faded away, Sears' demise would make the end of an industry titan. The company was at one time the nation's largest retailer, selling items as small as earrings, to as big as houses. MORE INFO: SEARS COULD FILE FOR BANKRUPTCYHere is a look back at the rise and fall of Sears:1886: Richard W. Sears launched the R.W. Sears Watch Company in Minneapolis, advertising his company by mailing catalogs of his watches to businessmen.1887: Sears moved his fledgling business to Chicago and expanded his mail-to-order business. 1895: After Richard W. Sears joined forces with Alvah Curtis Roebuck, the company quickly became a mail-to-order giant. By the mid-1890s, Sears had a 532-page catalog of items. According to the retailer, the 1895 catalog contained clothing, accessories, wagons, fishing tackle, stoves, furniture, china, musical instruments, saddles, firearms, buggies, bicycles, baby carriages and glassware. 1906: Not only was Sears expanding operations in Chicago, but it was also opening centers elsewhere, including in Dallas. The opening of a shipping operation in Dallas helped lower the cost of shipping for the retailer. 1913: The Kenmore brand launches, first as a line of sewing machines. In the 20s, Kenmore would launch a line of washing machines. It was not until the 70s when Kenmore expanded into refrigerators and air conditioners. 1927: The now mature, 40-year business was working in a different environment. America was starting to urbanize, as Americans started moving into city centers. This caused the explosion of chain stores throughout the US. In response, Sears opened its first retail store in 1925, showcasing items from the catalog. The store was such a success, Sears was able to open 26 more locations by 1927. This was also the year the Craftsman line of tools launched. Although not manufactured by Sears, it was owned by Sears and sold at Sears stores and in catalogs. Sears would own exclusive rights to Craftsman tools until 2017, when it was sold to Black and Decker. 1931: For the first time in company history, the majority of Sears' revenue came from its retail stores. According to Sears, 53.4 percent of sales in 1931 were from its stores. By 1933, Sears opened 400 retail locations. 1941: As the United States entered into war, Sears' expansion of retail operations paused. At this point, Sears had opened 600 locations.1953: Sears resumes its growth not only in the United States, but it is also opening stores in Canada. 1973: Almost 90 years after moving to Chicago, Sears expands its operations into the Sears Tower, which is one of the tallest skyscrappers in the word. 1993: More than a decade after launching the Sears catalog, Sears ended production of the catalog, and instead shifted its focus on its brick and mortar locations, auto stores, and outlets. 2004: Kmart purchased Sears (then named the Sears Roebuck Co.) and merged the two brands into the Sears Holding Company. This briefly gave the company record profits in 2006. 2015: Sears announced that it has lost billion in the last four years. Eddie Lampert was brought in as CEO and gave the company a 0 million loan to help avoid bankruptcy. Sears has also been closing a large number of underperforming stores.2018: In June, Sears announced it is liquidating 78 locations. Lampert also warned the company is running out of money, and likely will need to restructure debt. 3786
Oklahoma teachers have been rallying at the state Capitol for eight days, but on Wednesday, many showed up for a new reason -- to register to run for office.The window to file candidacy opened at 8 a.m. as dozens of people lined up to turn in their paperwork.Laura Griesel, who was at the Capitol for most of last week, feels that many legislators are not hearing her concerns. The best way to change that, she believes, is to become a representative herself."If nothing else I would listen to the people that live in my district, and what they want to do," she told CNN. "And be open to what it is that they want to see happen in Oklahoma, and not necessarily what my own personal standpoint is on things."They say a change is neededGriesel teaches seventh and eighth grade science at El Reno Public Schools. She feels frustrated that there are not enough textbooks for students to take home and study with. She also has to apply for grants and donations in order to get basic lab equipment for her classroom."And it seems insane to me that we have to go to those lengths to get basic supplies. Things that every student across the world should have -- textbooks," the 32-year-old added.With a 3-year-old child and another on the way, Griesel also worries about making ends meet on her and her husband's teacher salaries. They desperately believe a change is needed.So her sister-in-law, a legislative assistant at the Capitol, encouraged her to join the race when a state representative seat opened in District 41. Griesel created a GoFundMe to cover filing costs, and in seven days, 24 donors gave her more than the 0 needed to file as a representative. 1667
OCEANSIDE, Calif. (KGTV) -- North County residents are frustrated over a rise in the number of homeless people in their community and Oceanside’s police department is reaching out.A team is working to get homeless people help. The team works to build trust among their homeless clients in hopes the trust will lead to them accepting help.Their client Joel relapsed after nine months. He wants help but can’t get a prescription after losing his ID. They help the most vulnerable, those with serious mental illness and other substance abuse issues with barriers to getting care.RELATED: Spring Valley residents upset over homeless population at popular parkThe HOT team gets help from Interfaith Social Worker Curtis Torres, who goes out with officers every day. Thanks to recent city funding, a second social worker was hired to the team.A separate team works to tackle homeless encampments in the riverbed. They give out citations and enforce cleaning out encampments.RELATED: San Diego Homelessness Czar to go on leave to open Mormon temple 1064
Nostalgia lovers can kindly rewind to a time when Blockbuster Video reigned supreme.On Tuesday, the once defunct Blockbuster Video Twitter account came out of a six-year hibernation to announce that the last remaining Blockbuster in Oregon can be rented through Airbnb. The store will be split into three units, with each one selling for per night, but the catch is it’s only open to residents of Deschutes County, Oregon, where the final Blockbuster Video remains.Blockbuster will provide snacks, soft drinks and pizza with the units. The units will also have access to a huge collection of Blockbuster’s stock.The units are available for up to four people, but can only be rented for one night per family.Following three nights of stays, the Oregon Blockbuster will allow visitors to see the units during regular business hours for a limited time.The Bend, Oregon, Blockbuster became the final location open of the mega video rental chain in 2018 after a pair of Alaska locations closed. The Oregon location has said to have become somewhat of a tourist attraction as a relic of 90s culture. 1105
OCEAN BEACH, Calif. (KGTV) — Every summer, a unique, orange ball can be seen bobbing on the ocean's horizon just off the shore of Ocean Beach.The "David Buoy" was placed off Ocean Beach pier last week, heralding in a summer tradition for the beach town.The buoy is one of several deployed by San Diego lifeguards between North Pacific Beach and Ocean Beach every year for lifeguards to utilize as a workout destination. But Obecians have made the lifeguard tool something unique.RELATED: San Diego speakeasy named among Best Tiki Bars in AmericaLifeguard Sgt. Rick Strobel and James Murphy, a junior lifeguard program director, helped to standardize the use of buoys every summer for workout programs. In Ocean Beach, a group of Obecians asked Strobel about the buoy and started to swim out to it themselves, Strobel told 10News."It became a topic of discussion, 'did you swim the buoy today,'" Strobel said. "They were also big David Bowie fans and the named it 'David Buoy.'"Strobel says the following year, the group gave him a David Bowie sticker and asked him to place it on the buoy before it was set. In 2018, lifeguard Dana Vanos took it a step further and painted "OB" in large letters on it.RELATED: La Jolla Playhouse Becomes Broadway Breeding Ground"Then we took the buoy through the community and everyone loved it," Strobel said. "They signed the buoy, put messages of support for the lifeguards and stickers on it. It was great."Last summer, Strobel says the buoy was stolen from storage. But it didn't stop the buoy fans. "We posted this on Facebook and people were outraged," Strobel recalls.So, Murphy purchased another buoy, which was then given the large "OB" once again and taken through town for locals to sign.RELATED: 10 eats you must try inside Liberty Station Public Market"Lots of people swim every summer we estimate about 10, 000 buoy swims. Mostly lifeguards and junior lifeguards but swim teams water polo teams and triathletes as well," Strobel said. "'David Buoy' has been embraced by the OB community and we as lifeguards really appreciate the support."Strobel says swimmers should always check with a lifeguard before swimming out to any buoys and swim when lifeguards are on duty. And if someone can swim to a buoy in about 10 minutes, " you are an excellent candidate to become a lifeguard.""Know your limitations and know the conditions," Strobel says.Lifeguard tryouts are held every September for the following summer. Anyone interested in become a San Diego Lifeguard can find more information on the city's website here. 2571