| Business Summary | | Sears,
Roebuck
and
Co.
is
a
multi-line
retailer
that
provides
a
wide
array
of
merchandise
and
services.
As
of
December
30,
2000,
the
Company
organized
its
business
into
four
domestic
segments
and
one
international
segment.
The
Company's
segments
in
the
United
States
and
Puerto
Rico
are
Retail
(comprised
of
Full-line
Stores
and
Specialty
Stores),
Services
(comprised
of
Home
Services
and
Direct
Response),
Credit
(comprised
of
the
domestic
credit
operations)
and
Corporate
(comprised
of
activities
that
are
of
a
holding
company
nature
and
its
investment
in
Sears
Online).
The
International
segment
consists
of
similar
retail,
services,
credit
and
corporate
operations
conducted
through
a
majority-owned
subsidiary
in
Canada. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Sears
is
a
multi-line
retailer
that
provides
a
wide
array
of
merchandise
and
services
through
retail,
service,
credit,
corporate
and
int'l
segments.
For
the
26
weeks
ended
6/01,
revenues
rose
1%
to
$19.08
billion.
Net
loss
totalled
$21
million
vs.
an
income
of
$623
million.
Revenues
reflect
an
increase
in
credit
and
financial
product
revenues
attributable
to
higher
managed
portfolio
yields.
Loss
reflects
the
inclusion
of
a
$522
million
provision
for
securitized
receivables. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Alan Lacy, 47 Chairman,
Pres, CEO | $1.7M | -- | Paul Liska CFO, Exec. VP | -- | -- | Mark Cohen, 51 Chairman
and CEO of Sears Canada Division | 1.3M | -- | Mary Conway, 52 Pres
of Stores | -- | -- | Lyle Heidemann, 55 Pres,
Hardlines | 1.3M | $17K | Dollar amounts are as of 30-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|