Sears New Release

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

"March retail sales shed below expectations, with the slowing econ omy and colder than anticipate weather having an stupor on both our hardlines and softlines businesses," said moderate and Chief executive director Officer Alan J. Lacy. "Weather-related seasonal garment 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 mart ...If you want to get a full essay, order it on our website: BestEssayCheap.com

If you want to get a full essay, visit our page: cheap essay