Sears New Release

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

"March retail sales shed below expectations, wi th the slowing economy and colder than expect weather having an stupor on both our hardlines and softlines businesses," said chairman and Chief executive director Officer Alan J. Lacy. "Weather-related seasonal garnish 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 store ...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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