Submitted by: Sears, Roebuck and Co.
Categories: Philanthropy & Corporate Contributions
Posted: May 12, 2000 – 12:00 AM EST
May 12 /CSRwire/ - Sears, Roebuck and Co. (NYSE: S) pledged $225,000 in cash and merchandise donations to the American Red Cross and the Salvation Army for relief activities during the devastating wildfires raging through Los Alamos since last Thursday.
Also, approximately $200,000 (retail value) in new children's clothing is being donated to the Salvation Army in Santa Fe for distribution through Sears partnership with K.I.D.S. (Kids in Distressed Situations), which helped coordinate the donation.
"Sears is playing a leadership role in disaster relief activities nationally and in local communities like Los Alamos," said John Maguire, Sears store general manager in Santa Fe. "Responding to community needs is a priority for the company. It's our chance to demonstrate our support for families in our community."
In addition to supporting relief activities, Sears is helping the community in greater Albuquerque and Santa Fe rebuild by offering zero percent financing until January 2001, on purchases of $100 or more made between May 16 and June 30. This is a community service intended for those affected by the wildfire. Sears will accept Red Cross vouchers.
Sears is a national sponsor of the American Red Cross, donating $1 million over five years to disaster relief services throughout the nation. Last year, Sears and its associates, along with The Sears-Roebuck Foundation, contributed nearly $30 million in funding and merchandise to a variety of family-focused health, human service, environmental and civic organizations nationwide. In addition, Sears associates, along with their families and friends, provided more than 250,000 hours of volunteer services to community activities across the country.
Sears, Roebuck and Co. is a leading U.S. retailer of apparel, home and automotive products and services, with annual revenue of approximately $41 billion. The company serves families across the country through approximately 860 full-line department stores, more than 2,100 specialized retail locations, and a variety of online offerings accessible through the company's Web site, www.sears.com .
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