Sears, Roebuck and Co. (NYSE: S) has announced total domestic store revenues for the five weeks ending Jan. 4, 2003, were $4.1 billion, a 2.6-percent decrease compared with the five weeks ending Jan. 5, 2002. Comparable domestic store revenues decreased 4.6 percent. Sporting goods were among strong department performers (also footwear and jewelry) in full-line stores. "Full-line store sales were in line with our expectations," said Chairman and CEO Alan J. Lacy. "Direct-to-customer performed especially well, with Lands' End exceeding our expectations and sears.com revenues more than doubling last year's levels."
Sears comp store sales down 10 percent
Sears, Roebuck and Co. (NYSE: S) today announced total domestic store revenues for the four weeks ended Nov. 2, 2002, were $2.0 billion, a 7.5 percent decrease compared with the four weeks ended Nov. 3, 2001. Comparable domestic store revenues decreased 10 percent. "The weakening ...read more