Sears New Release

Sears New Release Sears Updates Segment Reporting; Adopts New musical theme Standard Resulting In One-Time Non-Cash Charge Of $520 Million In great deal Quarter HOFFMAN ESTATES, Ill., April 12 /PRNewswire/ -- Sears, Roebuck and Co. (NYSE: S) announced total internal sleuth revenues for the five weeks ending April 7, 2001 were $2.56 one thousand thousand. Comparable domestic insert revenues fall 5.3 percent. Total domestic store revenues diminish 5.1 percent compared with $2.7 billion for the five weeks ending April 8, 2000.

"March retail sales shed below expectations, with the s lowing economy and colder than evaluate weather having an stupor on both our hardlines and softlines businesses," said chairwoman and Chief executive director Officer Alan J. Lacy. "Weather-related seasonal arrange and lawn and garden merchandise accounted for everywhere one-third of the comparable store sales decline. Among the better acting businesses was Home Appliances, which continues to gain grocery ...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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