Mail order and catalog retail

1010 WINS Newsroom
December 22, 2019 - 10:41 pm
Joseph Segel, a “quintessential entrepreneur” who founded the home-shopping network QVC, has died, the company that owns the channel announced. He was 88. Segel died Saturday in Gladwyne, Pennsylvania, due to congestive heart failure, The Philadelphia Inquirer reported. He was remembered as an...
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FILE - This Wednesday, Nov. 24, 2004 file photo shows a selection of holiday season catalogs in Portland, Maine. Catalogs, those glossy paper-and-ink offerings of outdoor apparel, kitchenware and fruit baskets, are not yet headed for the recycling bin of history. (AP Photo/Robert F. Bukaty, File)
1010 WINS Newsroom
December 21, 2019 - 3:30 pm
PORTLAND, Maine (AP) — Catalogs, those glossy paper-and-ink offerings of outdoor apparel, kitchenware and fruit baskets, are not yet headed for the recycling bin of history. Until recently, the future appeared grim for the mailbox-stuffers. A one-two punch of postal rate increases and the Great...
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In this Nov. 2, 2018 photo, a sign in the window at Sears promises that "This isn't goodbye," at the Livingston Mall in Livingston, N.J. Sears is closing 80 more stores as it teeters on the brink of liquidation. The 130-year old retailer set a deadline of Friday, Dec. 28, 2018 for bids for its remaining stores to avert closing down completely. (AP Photo/Ted Shaffrey)
December 29, 2018 - 1:03 am
NEW YORK (AP) — Sears Chairman Eddie Lampert's hedge fund said it submitted a last-minute bid Friday valued at $4.4 billion to keep the struggling retailer from being liquidated. Transform Holdco LLC, an affiliate of the ESL Investments hedge fund that Lampert heads, said it hoped to keep 425...
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An American flag flies above a Sears department store sign in Hackensack, N.J., Monday, Oct. 15, 2018. Sears filed for Chapter 11 bankruptcy protection Monday, buckling under its massive debt load and staggering losses. (AP Photo/Seth Wenig)
October 15, 2018 - 4:36 pm
Before there was Amazon — or, for that matter, Home Depot or Walmart or Kmart — there was Sears. From its beginnings as a mail-order watch business in Minneapolis 132 years ago, the company grew to become America's everything-under-one-roof store and the biggest retailer in the world. For...
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FILE - This May 11, 2017 file photo shows a Sears store in Hialeah, Fla. Sears is closing another 72 stores after reporting a first-quarter losses and plunging sales. The struggling retailer said Thursday, May 31, 2018 that it has identified about 100 stores that are no longer turning profits, and 72 of those locations will be shuttered soon. (AP Photo/Alan Diaz, File)
May 31, 2018 - 6:21 pm
NEW YORK (AP) — Sears will close dozens more stores as sales shrink and losses grow, an announcement that has become a familiar refrain as the company retrenches. The beleaguered retailer, which operates Kmart and Sears stores, said it has identified about 100 stores that are no longer turning a...
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