Appliances Sales Up at Sears
Sears Holdings Corp. reported third quarter 2012 increases in appliance sales, although these could not offset decreases in sales in other categories.
Sears Domestic stores saw increased comparable store sales in home appliance categories.
The largest negative impact Sears Domestic and Kmart stores was in consumer electronics, with ongoing price compression and a continuing market shift to smartphones and away from digital cameras, GPS devices, MP3 players, and camcorders.
Sears Canada’s 3Q 2012 comparable store sales saw improvement in home appliances and other categories, but comps were down 5.7% overall