Before there was Amazon.com, there was the Sears catalog. Founded as a mail-order watch company in the late 19th century, Sears, Roebuck and Company made its name with its swollen, jam-packed catalogs that advertised everything from underwear to entire house kits. Around the holidays, families across the country would circle items in its legendary “Wish Book.”
Sears' retail stores spread across the country and its sales stayed strong even during the Great Depression, as the company spawned now-famous brands like Kenmore, Craftsman and even Allstate Insurance.
But by the 1990s, Sears began to struggle as the company confronted competition from rival discount department stores like Kmart, Target, and Walmart, economic woes brought on by the Great Recession and the increasing dominance of e-commerce. After 132 years in business, former retail giant Sears filed for bankruptcy in October 2018, announcing it would close 142 unprofitable stores in the face of mounting competition from big-box stores and, of course, Amazon.com.