Sears In The 1900's: A Case Study
Sears continued to grow throughout the early 1900’s. Nevertheless, in 1907, there was another downturn in the economy and Sears sales constricted for the first time (Bean, 2010). Sears wanted to expand operations in an effort to combat the economic depression, but Rosenwald and other business associates disagreed. According to Bean (2010) Sears felt like an outsider, so in 1908, he elected to resign as president and sold his share of the company for $10 million dollars. Even with the exit of Sears, the business thrived and continued unprecedented growth.
Fast forward another decade and Sears, Roebuck and Company found the structure of business shifting from catalog sales to retail stores. Robert E. Wood, the vice president of the company during
Fast forward another decade and Sears, Roebuck and Company found the structure of business shifting from catalog sales to retail stores. Robert E. Wood, the vice president of the company during