armstrongeconomics.com / by Martin Armstrong / Oct 2, 2016
Sears, Roebuck & Co. is an American department store that was founded by Richard Warren Sears and Alvah Curtis Roebuck back in 1886. It was based originally in Chicago and it gave birth to the mail order industry. It was the Amazon of the 19th century. Sears issued catalogs that were distributed throughout the country by the railroads. You could order products from Sears and everything would be delivered by railroad.