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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
ORLANDO, Fla. (AP) — A federal judge has ordered the U.S. Census Bureau for the time being to stop following a plan that would have had it winding down operations in order to finish the 2020 census at the end of September.The federal judge in San Jose, California, issued a temporary restraining order late Saturday against the Census Bureau and the Commerce Department, which oversees the agency. The order stops the Census Bureau from winding down operations until a court hearing is held on Sept. 17. The head count of every U.S. resident helps determine how .5 trillion in federal funding is distributed and how many congressional seats each state gets. 667
ORLANDO, Fla. – Friday, the nation remembers one of the deadliest mass shootings in United States history.June 12 is the fourth anniversary of the Pulse nightclub massacre in Orlando, Florida.On that day in 2016, Omar Mateen opened fire inside of the LGBT club, killing a total of 49 people. More than 50 others were injured.Police shot and killed Mateen during the events of that night.In honor of the shooting victims, Gov. Ron DeSantis has ordered all flags in the state to be flown at half-staff on Friday.The Orlando community also plans to hold a tribute and a remembrance ceremony virtually, due to the ongoing coronavirus pandemic.During prior anniversaries, the community has gathered outside the club to remember the victims. This year, the area around the business was closed to public, but survivors, family members of victims and first responders are being allowed to visit. 895
Oreo's latest cookie will make you want to "Just Dance."On Wednesday, Oreo announced that they are collaborating with American pop superstar Lady Gaga to release limited-edition cookies that were inspired by Gaga's album "Chromatica."The vanilla-flavored pink cookies with green frosting will also feature various designs inspired by the dance album, CNN reported. 372
OCEANSIDE (KGTV) - A big problem the homeless population faces is finding a safe place to bathe, that's why businesses are teaming up to help. Jordan Verdin has spent the last decade working with the homeless population in the North County. As a photographer, he’s always taking pictures and sharing their stories on social media. Part of Verdin’s love of taking pictures of the homeless is allowing them the opportunity of, “being seen and being heard but sometimes they might not want to be seen because of how they look so what we want to do I provide something that will eliminate that barrier”. He tells 10News, “One of the consistent needs shared with me is needing a place to shower”. After hearing that need repeated time and time again, he’s decided to work another project. Verdin mentioned the project to Oceanside business owner Jeanette Linnborn. Linnborn is the owner of coffee shop, Stay Golden. When Verdin brought the idea to Linnborn she jumped on board immediately. She tells 10News, “I was so excited about that I was like okay we can totally do this”. The shower trailer is made up of two sides, each equipped with a bathroom and shower. Verdin tells me 125 people will be able to shower daily. The shower trailer will stand as a liaison to help homeless back on their feet, “something as simple as a shower and a haircut just makes them feel human again” Verdin tells 10News. The cost of the shower trailer is ,000 and they have just reached the halfway point. There’s still a GoFundMe page set up to help them get the other half of funding. 1575