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Discover is the third largest credit card brand in the U.S., with 60.6 million cardholders or about 8% of cards in circulation, placing it well behind Visa (48%) and Mastercard (36%), but slightly ahead of American Express (7.5%).
Its credit card operations accounted for a loss of $22 million in the fourth quarter of 1986, and a loss of $25.8 million in the first quarter of 1987. [4] In March 1993, Sears sold off its financial services branch as a new independent publicly traded company called Dean Witter, Discover & Co. with Dean Witter Reynolds in charge. [5]
Sears, Roebuck and Co. (/ s ɪər z / SEERZ), commonly known as Sears, is an American chain of department stores founded in 1892 by Richard Warren Sears and Alvah Curtis Roebuck and reincorporated in 1906 by Richard Sears and Julius Rosenwald, with what began as a mail ordering catalog company migrating to opening retail locations in 1925, the first in Chicago.
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Sears is unveiling a new payment option for customers: an enhanced Sears credit card. Giving their branded store card a facelift, Sears says it added more retail value to carrying a Sears card.
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December 10, 2023 at 2:30 AM. To the casual shopper, Sears, one of America’s oldest retailers, may appear to be on life support. The department store chain that once reinvented how Americans ...
Sears Modern Homes were houses sold primarily through mail order catalog by Sears, Roebuck and Co., an American retailer. From 1908 to 1942, Sears sold more than 70,000 of these houses in North America, by the company's count. [1] Sears Modern Homes were purchased primarily by customers in East Coast and Midwest states, but have been located as ...