*** Welcome to piglix ***

British Shoe Corporation

Sears plc
Industry Retail
Fate Acquired by Philip Green
Successor Arcadia Group
Founded 1891
Defunct 1999
Headquarters London, UK
Key people
Charles Clore (Chairman)
Number of employees
65,000

Sears plc was a large British-based conglomerate. The company was listed on the and was once a constituent of the FTSE 100 Index. It was acquired by Philip Green in 1999.

The business was founded by John and William Sears in 1891 and initially traded as bootmakers under the name of Trueform. It had acquired Freeman, Hardy and Willis by 1929. The business was acquired by Charles Clore in 1953. He renamed it Sears Holdings in 1955 and it went on to buy the Manfield and Dolcis shoe shop chains in 1956. In the late 1950s Clore consolidated all the shoe brands Sears had acquired under the name British Shoe Corporation under which name it also bought Saxone, Lilley & Skinner, another shoe shop chain, in 1962.

Sears decided to invest in department stores in 1965 acquiring Lewis's Investment Trust which itself controlled Selfridges. In 1966, Selfridges launched the Miss Selfridge department, which subsequently expanded to a store chain in its own right.

In 1971 the company diversified again buying William Hill, a chain of bookmakers.

The company bought Wallis in 1980 and Foster Brothers Clothing, which owned Adams Childrenswear, in 1985. and in the same year was renamed Sears plc. It acquired Richard Shops in 1992.

As at April 2005, the company was FTSE 100 listed and had the following brands:

Wallis, Warehouse, Miss Selfridge, Adams Childrenswear, Shoe Express, Shoe City, Saxone, Dolcis, Cable & Co, The Outfit, Lilley & Skinner, Freemans Catalogue Store, Selfridges, The Selfridges Hotel, Part ownership of The StEnoch's Shopping Centre in Glasgow, 3,000 retail shops being mostly leasehold with a few freehold jewels such as 190 Oxford Street and 330 Oxford Street known as the Top Shop flagship store.


...
Wikipedia

...