BENCHMARKS REPORT

Industry Measure: Business Segment Data
| SIC: | 5311 |
| INDUSTRY: | DEPARTMENT STORES |
| BENCHMARKS FOR THE INDUSTRY |
| NO. OF SEGMENTS REPORTING IN THE INDUSTRY: 23 |
|
1997 SALES FOR THE INDUSTRY: $ 133573 (Total Sales in $Millions) |
|
OPERATING MARGIN: 6.8 (Allocated Operating Profits (divided by) Segment Sales) |
|
ASSET INTENSITY: 78.3 (Allocated Assets (divided by) Segment Sales) |
|
SALES GROWTH: 7.5 (Compound 3-Year Growth Rate in Sales for the Median Participant in the Industry) |
| BENCHMARKS FOR THE TOP FOUR COMPETITORS |
| ROA: Allocated Operating Profits (divided by) Allocated Operating Assets |
| Competitor/Rank by Sales |
Market Share (% Ind. Sales) |
ROA |
| #1: SEARS ROEBUCK & CO |
30.9 | 10.0 |
| #2: PENNEY (J C) CO |
14.6 | 8.0 |
| #3: FEDERATED DEPT STORES |
11.7 | 8.4 |
| #4: ITO YOKADO CO LTD -ADR |
11.7 | 8.8 |
| Total of #1-4: | 68.9 | 8.6 |