On this day in 1959, US President Dwight Eisenhower signed an executive order to open the United States’ first wholesale furniture store.
This was the beginning of what would become Sears and other retailers that would become America’s largest consumer electronics retailer.
The new store would serve as the focal point of the Sears Roebuck brand, which would expand into everything from clothing and home goods to consumer electronics and electronics accessories.
The store’s opening was celebrated in many ways.
The American people were very excited to see a new place to buy things, said John P. O’Neill, former president of the American International Group and the chief executive of Sears Roegucks.
The opening was a historic moment, he said, because it represented the American people’s growing confidence in the economy and their ability to buy what they wanted and needed.
At the time, the Sears name was synonymous with a certain type of store and was a symbol of American industry, said Parnell W. Smith, who is now a professor of marketing at Northwestern University.
Sears became a symbol not only of American manufacturing but also American consumerism, said Smith.
The original Sears was built in Chicago in 1903.
Today, the building is home to the Chicago Museum of Art and is a popular tourist attraction.
The Sears Roomba and other products were popular in the late 19th and early 20th centuries, and their popularity peaked during the late 20th century, said Elizabeth S. Tewksbury, who teaches American history at the University of Wisconsin.
In addition to the furniture, furniture and electronics, Sears offered a large selection of books and other merchandise.
The brand name was a way for the company to differentiate itself from other brands that sold more expensive, but inferior, products, said William L. Hays, an associate professor of sociology at the John Jay College of Criminal Justice.
For example, the first Sears Roaches, a vacuum cleaner with no power cord, cost more than $1,000.
The Roaches were designed to be used by women, he explained.
Sears Roach was the name of the company that sold the Roach vacuum cleaner.
The company sold the vacuum cleaner for $10,000 in 1927, and by 1938, it was selling Roachs for $50 each.
In 1950, Sears was a publicly traded company.
By 1962, the company was trading on the New York Stock Exchange, and it became a publicly held company in 1971.
The name was changed in 1976 to Sears Holdings.