Company type | Subsidiary |
---|---|
Industry | Retail |
Founded | 31 January 1961 |
Headquarters | , Puerto Rico |
Number of locations | 1 (October 2023) |
Area served | Puerto Rico |
Revenue | US$350,000,000+(2006) |
Total assets | US$19,982,740.00 (2019)[1] |
Total equity | US$25,064,719.00 (2019)[1] |
Number of employees | 3,000+ (2006) |
Parent | Sears Roebuck and Company |
Website | searspr |
Sears Roebuck de Puerto Rico, Inc., or just Sears de Puerto Rico, was founded in 1961, as a subsidiary to the main Sears Roebuck and Company. It would serve to operate Sears stores in Puerto Rico, and the Virgin Islands. The company's line of business includes the retail sale of general lines of apparel such as suits, coats, dresses, and home furnishings.[2] Sears Roebuck and Company established itself in Puerto Rico in 1937, opening a catalogue store that year. At its peak, Sears had 10+ locations on the island. As of October 2023, one Sears store remains open on the island at the Plaza Las Américas shopping mall.[3]