ABSTRACT
With sales in excess of $10 billion, Sears is the largest retailer in the world. It is by far the most profitable retail business anywhere and altogether one of the most profitable companies in the American economy, by any yardstick. Only Marks & Spencer in Great Britain can compare with Sears in terms of success. But, Marks & Spencer is not only much smaller - barely one-tenth of Sears, it also admittedly owes much of its success, especially in its earlier years, to imitating Sears.
