Willis Tower new competition by retailing giants such as Kmart, Kohl's, and Walmart. The fortunes of Sears & Roebuck declined in the 1970s as the company lost market share; its management grew more cautious. Nor did the Sears Tower draw as many tenants as Sears had hoped. The tower stood half-vacant for a decade as a surplus of office space was erected in Chicago in the 1980s. In 1990, the law firm of Keck, Mahin & Cate decided to move out of its space in the Sears Tower and into a development that would become 77 West Wacker Drive, rebuffing Sears' attempts
Joshua Sears Building supply store occupied one of the smaller storefronts for over twenty years. At one point the building's upper floors, originally intended for office space, were divided into seven apartments. On August 3, 1982, it was added the National Register of Historic Places. As of 2005 the building housed a religious bookstore and a real estate office. In 2015 the building was purchased by Local attorney Sim Osborn and his wife Monica Hart, the couple bought the building with plans to preserve its historic features and aesthetics for future generations. History Joshua Sears Building The Joshua Sears Building is a historic