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.
Read more about this topic: Sears Canada Bank
Famous quotes containing the word history:
“They are a sort of post-house,where the Fates
Change horses, making history change its tune,
Then spur away o’er empires and o’er states,
Leaving at last not much besides chronology,
Excepting the post-obits of theology.”
—George Gordon Noel Byron (1788–1824)
“Three million of such stones would be needed before the work was done. Three million stones of an average weight of 5,000 pounds, every stone cut precisely to fit into its destined place in the great pyramid. From the quarries they pulled the stones across the desert to the banks of the Nile. Never in the history of the world had so great a task been performed. Their faith gave them strength, and their joy gave them song.”
—William Faulkner (1897–1962)
“In nature, all is useful, all is beautiful. It is therefore beautiful, because it is alive, moving, reproductive; it is therefore useful, because it is symmetrical and fair. Beauty will not come at the call of a legislature, nor will it repeat in England or America its history in Greece. It will come, as always, unannounced, and spring up between the feet of brave and earnest men.”
—Ralph Waldo Emerson (1803–1882)