Sears: January sales soft

Share this content:
Revenues for Sears, Roebuck and Co., Hoffman Estates, IL, were soft in January, due in part to a reduction in the number of promotional and clearance items in the retailer's inventory, the company said yesterday.


During the four-week period ending Feb. 3, revenues reached $1.69 billion, a 2.3 percent decrease compared with the same period in 2001. The results reflected an improvement in the Sears inventory and a movement away from discount items, the company said.


While apparel sales were sluggish, other categories including home fitness, projection televisions and high-efficiency laundry products sold strong, Sears said.


close

Next Article in Multichannel Marketing

Sign up to our newsletters

Company of the Week

Brightcove is the world's leading video platform. The most innovative and respected brands confidently rely on Brightcove to solve their most demanding communication challenges because of the unmatched performance and flexibility of our platform, our global scale and reliability, and our award-winning service. With thousands of customers and an industry-leading suite of cloud video products, Brightcove enables customers to drive compelling business results.

Find out more here »

Career Center

Check out hundreds of exciting professional opportunities available on DMN's Career Center.  
Explore careers in digital marketing, sales, eCommerce, marketing communications, IT, data strategies, and much more. And don't forget to update your resume so employers can contact you privately about job opportunities.

>>Click Here