Richard Warren Sears And Sears, Roebuck, & Company :: essays research papers

Richard Warren Sears and Sears, Roebuck, & federationRichard Warren Sears was born on December 7, 1863, in Stewartville,Minnesota. He was the word of honor of James Warren and Eliza A. Sears, both of Englishancestory. His father led anything only if a happy life. He had failed in his questfor gold during the calcium Gold Rush of 1849 and was a bitter sellier in the genteel War, which he blamed on politicians. He had earned a intelligent sum of cashworking as a blacksmith and a wagonmaker, besides he lost it all in a stock-farmventure. Richards father gave up soon afterwards, leaving Richard to be thefamily breadwinner at the age of 16.Richard worked in the ecumenical offices of the Minneapolis and St. LouisRailway in Minneapolis to support his family. He then decided to be given RedwoodFalls, Minnesota, where he thought that he could earn more m 1y because of thesmall town setting. There he worked as a send off attendant, doing chores for hisboard and sleeping in the loft o f the railroad propel. In his manifest time, helearned how the mail-order business worked.Richard got his opportunity to get into the mail-order business in 1886when a shipment of watches from a Chicago wholesaler was refused by a townjeweler. Therefore, the shipment sat in the railroad station until Richardcontacted the wholesaler, who offered him the watches for xii dollars each.He bought the watches and sold them by sending letters to other stationattendants describing the watches and offering them at the discount price offourteen dollars each. He sold those watches and ordered more to sell. To sellthese he advertised in a small way in St. Paul newspapers. He made a largeprofit from this operation.In a few months Richard made such(prenominal) a profit that he abandoned the railroadbusiness just and started his own mail-order business under the name of theR.W. Sears Watch Company. In one year he made so much money that he was able tobegin advertising in magazines with a natio nal circulation and move the businessto Chicago.On March 1, 1887, he set up a shop on Dearborn Street in Chicago with a ply of three people, one to handle bookkeeping and correspondence and twostenographers. in brief after the opening of his new shop, he found a direct for awatchmaker to repair watches returned by customers. This watchmaker was a progenyman by the name of Alvah Curtis Roebuck from Hammond, Indiana.Richard Sears became even more successful by opening up the huge ruralmarket.