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 economy significantly impacted sales in the big-ticket full-line and dealer store categories, particularly home appliances, lawn and garden, home electronics and fine jewelry,” said Chairman and Chief Executive Officer Alan J. Lacy. For details, go to: www.sears.com