Sears February Comparable Sales Decrease 2.0 Percent

    HOFFMAN ESTATES, Ill., March 8 Sears, Roebuck and Co.
announced total domestic store revenues for the four weeks ending
March 3, 2001 were $1.97 billion.  Comparable domestic store revenues
decreased 2.0 percent. Total domestic store revenues decreased 1.5 percent
compared to $2.0 billion for the four weeks ending March 4, 2000.
    "February proved to be a challenging month with retail sales falling below
our expectations, as the impact of the slowing economy was felt across both
our hardlines and softlines businesses," said Chairman and Chief Executive
Officer Alan J. Lacy.  "In the full-line stores, increases in fine jewelry,
footwear, and home electronics were offset by decreases across other
categories.  In our specialty stores, automotive and The Great Indoors posted
comparable sales increases for the month."
    Sears, Roebuck and Co. is a leading U.S. retailer of apparel, home and
automotive products and services, with annual revenue of more than $40
billion.  The company serves families across the country through approximately
860 full-line department stores, approximately 2,100 specialized retail
locations, and a variety of online offerings accessible through the company's
Web site, http://www.sears.com . The company makes available by phone a recorded
message on sales performance of its domestic stores.  The message is updated
weekly and can be heard by calling (847) 286-6111.

    Sears, Roebuck and Co.                        4 Weeks

    2001 Domestic Store Revenues              $1,967,400,000
    2000 Domestic Store Revenues               1,996,600,000
    Percent Change                                    (1.5)%
    Comparable Domestic Stores Percent Change         (2.0)%