Richard Warren Sears

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Richard Warren Sears

Also Known As: "Sears Roebuck Co."
Birthdate:
Birthplace: Stewartville, Minnesota
Death: September 28, 1914 (50)
Waukesha, Wisconsin (Bright's Disease)
Immediate Family:

Son of James Warren Sears; James Warren Sears; Eliza Ann Sears and Eliza A. Sears
Husband of Anna Lydia Sears
Father of Richard Warren Sears, Jr.; Sylvia Gardner; Wesley Sears; Serena Griess and Private

Managed by: Private User
Last Updated:

About Richard Warren Sears

http://en.wikipedia.org/wiki/Richard_Warren_Sears

Richard Warren Sears (December 7, 1863 – September 28, 1914) was a manager, businessman, and the founder of Sears, Roebuck and Company with his partner Alvah Curtis Roebuck.

Early life

Richard W. Sears was born in Stewartville, Minnesota. His father was James Warren Sears, born circa 1828 in New York, a blacksmith and wagon-maker; his mother was Eliza Burton, born in Ohio circa 1843. The family was living in Spring Valley, Minnesota by June of 1870, where his father served as a city councilman and eventually sold his wagon shop in 1875. Both of his parents were of English descent. During his boyhood in Spring Valley, he befriended Almanzo Wilder, the future husband of Laura Ingalls Wilder. After learning telegraphy he entered the service of the railroad.

In 1880, he worked in North Branch, Minnesota for the Minneapolis and St. Louis Railway as a telegraph operator. He eventually became station agent in Redwood Falls, Minnesota for the same railroad, the Minneapolis and St. Louis Railway.

Businessman

It was in 1886 at age 23, that his career path changed forever: A shipment of gold-filled pocket watches from a Chicago manufacturer was refused by a Minnesota retailer, Edward Stegerson.

A common scam existing at the time involved wholesalers who would ship their products to retailers who had not ordered them. Upon refusal, the wholesaler would offer the already price-hiked items to the retailer at a lower consignment cost in the guise of alleviating the cost to ship the items back. The unsuspecting retailer would then agree to take this new-found bargain off the wholesaler's hands, mark up the items and sell them to the public, making a small profit in the transaction.

But Stegerson, a retailer savvy to the scam, flatly refused the watches. Young Sears jumped at the opportunity, and made an agreement with the wholesaler to keep any profit he reaped above $12, and then he set about offering his wares to other station agents along the railroad line for $14. The watches were considered an item of urban sophistication. Also because of the growth of railways, and the recent application of time zones, farmers needed to keep time accurately which had not been necessary until then. For those two reasons the station agents had no trouble selling the watches to passers-by.

Within six months, Sears had netted $5,000 and felt so confident in this venture that he moved to Minneapolis and founded the R. W. Sears Watch Company. He began placing advertisements in farm publications and mailing flyers to potential clients. From the beginning, it was clear that Sears had a talent for writing promotional copy. He took the personal approach in his ads, speaking directly to rural and small-town communities, persuading them to purchase by mail-order.

Chicago

In 1887 Sears moved his company to Chicago, an important transportation center for the Midwestern United States, and moved his residence to nearby Oak Park, Illinois. In 1887 he also hired watch repairman Alvah Curtis Roebuck to repair any watches being returned. Roebuck was Sears's first employee, and he later became co-founder of Sears, Roebuck & Company, which was formed in 1893 when Sears was 30 years old. Roebuck left the growing company a few years later, and Sears went on with a new business partner, clothier Julius Rosenwald, who became president of the business in 1908 upon Sears' retirement at age 44.

The first Sears catalog was published in 1893 and offered only watches. By 1897, items such as men’s and ladies clothing, plows, silverware, bicycles and athletic equipment had been added to the offering.

The 500-page catalog was sent to some 300,000 homes. Sears catered to the rural customer because, having been raised on a farm, he knew what the rural customer needed. He also had experience working with the railroad and he knew how to ship merchandise to remote areas.

In 1908 Sears made another move forward and began to sell mail order homes through the catalogs.

Death

In 1908 Sears retired and moved from Oak Park to Lake Bluff, Illinois, suffering from failing health. In 1914 he died in Waukesha, Wisconsin of Bright's disease.

Legacy

Sears' birthplace in Stewartville is listed on the National Register of Historic Places.

Sears was inducted into the Junior Achievement U.S. Business Hall of Fame in 1992.

Sears is one of America's oldest operating retailers. https://www.findagrave.com/memorial/940/richard-warren-sears https://famouskin.com/famous-kin-chart.php?name=3912+john+alden&kin=19411+richard+warren+sears https://www.familysearch.org/tree/person/details/LZNH-SHW


Co-Founders of Sears, Roebuck, and Co.

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Richard Warren Sears's Timeline

1863
December 7, 1863
Stewartville, Minnesota
1896
March 11, 1896
Oak Park, Illinios, United States
July 10, 1896
Oak Park, Cook County, Illinois, United States
1898
1898
1900
1900
1914
September 28, 1914
Age 50
Waukesha, Wisconsin