Sears, Roebuck & Co. (S)
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Sector:
CONSUMER DISCRETIONARY
Industry:
RETAIL - GENERAL
SIC:
RETAIL-DEPARTMENT STORES
3333 BEVERLY RD B-5 317A HOFFMAN ESTATES, IL 60179
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Sears, Roebuck and Co.'s principal activity is to provide retail services that offers an array of merchandise & related services. The Group operates in three domestic segments: Retail and related services segment consisting of 872 full-line stores, 767 dealer stores, 249 hardware stores & 38 outlet stores. These provide home services, product installation & repair services, service contracts, installed home improvements & direct response. Credit and financial products segment manages the Group's domestic portfolio of credit card receivables arising from purchases of merchandise and services. Corporate segment includes activities primarily consisting of administrative activities. The International segment operates similar retail, credit and corporate operations in Canada through Sears Canada Inc. On 17-Jun-2002, the Group acquired Lands' End Inc. Retail & related services accounted for 76% of 2002 revenues; credit and financial products, 13%; international, 10% and others, 1%.
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