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SEARS SEPTEMBER SALES UP 6.2 PERCENT

 SEARS SEPTEMBER SALES UP 6.2 PERCENT
 CHICAGO, Oct. 8 /PRNewswire/ -- Sears Merchandise Group today


reported that total domestic store sales for the five weeks ended Oct. 3 were $2.13 billion, 6.2 percent above the $2.00 billion in the same period last year. Comparable domestic store sales were 5.3 percent higher for the period.
 Arthur C. Martinez, chairman and chief executive officer, said retail store sales were led by increases in major appliances; home office equipment; furniture; women's, men's, and boys' apparel; luggage; hardware; and lawn and garden equipment. He said that sales of automotive products and services showed improvement, but continued to be lower than year-ago-levels.
 Gross revenues for the reporting period were $3.13 billion, 2.0 percent above last year.
 For the 35 weeks ended Oct. 3, Sears Merchandise Group reported gross revenues of $21.41 billion, even with the same period of 1991.
 SEARS MERCHANDISE GROUP
 5 Weeks 35 Weeks
 1992 $ 3,130,015,768 $21,412,322,322
 1991 3,068,997,720 21,410,522,330
 Change 61,018,049 1,799,992
 Percent Change 2.0 0.0
 Comparable Domestic Stores Change 5.3 1.5
 Retail Store Openings
 Sears said that it will complete its 1992 retail store expansion plan this month with the opening of two major stores -- one on Oct. 14 to serve the rapidly growing Moreno Valley, Calif., market, and another on Oct. 21 in Johnstown, Pa., replacing a smaller store opened in 1974. In September, Sears opened four stores -- Valencia, Calif.; Wilmington, Del.; Pembroke Pines, Fla.; and Ponce, Puerto Rico.
 Sears also reopened its Hollywood, Calif., store Sept. 25, which had been closed following the Los Angeles riots earlier this summer.
 -0- 10/8/92
 /CONTACT: Perry D. Chlan, media manager of Sears, Roebuck, 708-286-7079/
 (S) CO: Sears Merchandise Group ST: Illinois IN: REA SU:


TS -- NY016 -- 0305 10/08/92 09:19 EDT
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Publication:PR Newswire
Date:Oct 8, 1992
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