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Sears New Release Essay Preview: Sears New Release Report this essay Sears Updates Segment Reporting; Adopts New Accounting Standard Resulting In One-Time Non-Cash Charge Of $520 Million In Second Quarter HOFFMAN ESTATES, Ill., April 12 /PRNewswire/ — Sears, Roebuck and Co. (NYSE: S) announced total domestic store revenues for the five weeks ending April 7,.