Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Sears Reports November Comparable Store Sales
Dec 4, 2003
 Printable format
 Email this Article
 Search

Sears, Roebuck and Co. announced comparable domestic store revenues decreased 3.6 percent for the 4 weeks ended Nov. 29, 2003. Total domestic store revenues were U.S. $2.5 billion for the 4-week period in November 2003, down 3.2 percent compared with the same period last year.

Revenues for the year were reported at $21.7 billion, a 2.4-percent decrease from last year's reports.

For the month, major home appliance revenues were up modestly, while the lawn and garden business continued a strong performance. Sears Dealer stores and Orchard Supply Hardware reported sales increases in November.

"Overall, November results were below expectations and we are disappointed that the results weren't stronger," said Alan J. Lacy, Sears chairman and CEO. "While we are pleased that customers have responded very well to many of our holiday gift offerings in categories such as tools, toys, and digital consumer electronics, overall spending at the beginning of the season has been more subdued than expected with our balance of promotional activity greater than anticipated."

Based on October and November results, the company expects fourth-quarter comparable store sales to range from flat to a low-single-digit-percentage decrease. Beginning in 2004, Sears plans to provide quarterly sales guidance only. The retailer intends to continue providing sales results on a monthly basis.

Back to Daily News

 

Daily News

...........................................................

Aug 29, 2014: Adaptive Frequency Drive Increases Trane Chiller Efficiency

Aug 29, 2014: Vitamix President Receives Entrepreneur of the Year Award

Aug 28, 2014: LG Heat Pump Clothes Dryer Earns Emerging Technology Award

Aug 28, 2014: Early Snowthrower Demand Boosts Toro Sales

Aug 27, 2014: Sustainability Standard Launched for Household Portable and Floor Care Appliances

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

March 2014: Market Research - 62nd Annual U.S. Appliance Industry Forecast
February 2014: Appliance Magazine Market Insight: December 2013
January 2014: Market Research - Appliance Historical Statistical Review: 1954-2012
January 2014: Appliance Magazine Market Insight: November 2013




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Pharmalive | Plastics Today | Powder Bulk Solids | Canon Trade Shows