Sears plc

Sears plc
Company typeConglomerate
IndustryRetail
Founded1891; 133 years ago (1891)
Defunct1999; 25 years ago (1999)
FateAcquired by Philip Green
SuccessorArcadia Group
HeadquartersLondon, 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 London Stock Exchange and was once a constituent of the FTSE 100 Index. It was acquired by Charles Clore in the 1950s who expanded the company to be one of the largest retailers in Britain. It was acquired by Philip Green in 1999 who oversaw the break up of the group.