Higher earners seem to buy more

11.10.2002

Sears division The Great Indoors bucked the trend and grew in September

In the first eight months of the current financial year (return date: 5 October), Sears saw a decline in sales of 2.5 per cent and of 5.1 per cent over a comparable area. By contrast, the company reported a single-figure percentage gain for its upmarket line The Great Indoors in September. Sales across the company for this month were 3.1 per cent below the 2001 figure.
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