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Once again, Sears has made history. For the first time, Sears has opened the doors to its vast archival collection and invited the public to peek inside. More than 100 years of history now available online. Sears has a rich, long history to tell dating back to 1886 when Richard Sears sold the first batch of watches. The milestones, introductions and stories fill volumes.
Since 2004 Sears Holdings -- which operates both Kmart and Sears stores -- has watched its cash and short-term investments go from about $2.09 billion for the year ended Jan. 31, 2004 to $1.34 billion for the year ended Jan. 31, 2011, according to FactSet. The figure now stands at about $700 million.