Sears exercises options: Sears, Roebuck and Co. has purchased 250,050 shares of Dahlberg Inc. stock for $1,800,360 through the exercise of an option granted in October 1987. Sears said the option ...

Sears, Roebuck and Co. was once the world’s largest retailer, operating nearly 3,500 Sears and Kmart stores. Now, only 22 stores remain in business after the company’s massive downsize.