Sears Canada Inc - T.SCC- Profile

Sears Canada Inc. The Group's principal activities are carried out through three segments: Merchandising, Credit operations and Real estate joint venture operations. Merchandising includes the Group's department stores, catalogue operations, furniture and appliances, dealer stores, outlets stores and products and services offered under the Sears HomeCentral banner. It operates with 123 department stores, 42 Furniture and appliances stores, 256 other off Mall stores and 2,220 Online merchandise pick up locations. Credit segment finances and manages customers charge account receivable generated from the sale of goods and services charged on the Sears cards and Eatons cards. Real estate joint venture consists of the Group's Joint venture interests in shopping centers. Merchandise accounted for 94% of 2002 revenues; Credit operations, 5% and Real estate, 1%.