Sears, Roebuck & Co.: First-quarter net income...
From Times Staff and Wire Reports
Sears, Roebuck & Co.: First-quarter net income for the Chicago-based retailer was $106.3 million, off 59% from the same period of 1989. Revenue was 3.7% higher, at $12.16 billion. The firm said merchandising and large catastrophe losses at Allstate, the insurance subsidiary, were responsible for the results.
