History
Sears Canada was founded in 1953 by Sears Roebuck of Chicago and operating under joint ventures with Simpsons Ltd. as Simpsons-Sears. It later ended the relationship and began to build on its own. It later acquired Simpsons stores through bankruptcy in the 1990s. Sears Canada Bank was established in 2003 by the Office of the Superintendent of Financial Institutions (OSFI). JPMorgan Chase purchased Sears Canada Bank in 2005. Chase Card Services Canada is the current issuer of two Sears Canada credit card products, Sears Card and Sears MasterCard.
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Famous quotes containing the word history:
“The one duty we owe to history is to rewrite it.”
—Oscar Wilde (1854–1900)
“Let us not underrate the value of a fact; it will one day flower in a truth. It is astonishing how few facts of importance are added in a century to the natural history of any animal. The natural history of man himself is still being gradually written.”
—Henry David Thoreau (1817–1862)
“The second day of July 1776, will be the most memorable epoch in the history of America. I am apt to believe that it will be celebrated by succeeding generations as the great anniversary festival. It ought to be commemorated, as the day of deliverance, by solemn acts of devotion to God Almighty. It ought to be solemnized with pomp and parade, with shows, games, sports, guns, bells, bonfires and illuminations, from one end of this continent to the other, from this time forward forever more”
—John Adams (1735–1826)