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<p ALIGN="CENTER">As filed with the Securities and Exchange Commission on
December 30, 2004</p>
<p ALIGN="RIGHT">Registration No. 333-</p>
<p ALIGN="RIGHT">&nbsp;</p>
</font><b><font FACE="Arial">
<p ALIGN="CENTER">SECURITIES AND EXCHANGE COMMISSION</font></b><font FACE="Arial"><br>
</font><font FACE="Arial" SIZE="2">Washington, DC 20549</font><font FACE="Arial"><br>
<br>
<b>FORM S-8</b><br>
</font><font FACE="Arial" SIZE="2">Registration Statement<br>
under<br>
The Securities Act of 1933</p>
<p ALIGN="CENTER">&nbsp;</p>
</font><b><font FACE="Arial" SIZE="4">
<p ALIGN="CENTER">SEARS, ROEBUCK AND CO.<br>
</font></b><font FACE="Arial" SIZE="2">(Exact name of registrant as specified in
its charter)</p>
<p ALIGN="CENTER">&nbsp;</p>
</font>
<div align="center">
  <center>
  <table CELLSPACING="0" BORDER="0" CELLPADDING="0" WIDTH="672">
    <tr>
      <td WIDTH="46%" VALIGN="TOP"><b><font FACE="Arial" SIZE="2">
        <p ALIGN="CENTER">New York<br>
        </font></b><font FACE="Arial" SIZE="2">(State of jurisdiction of
        incorporation of organization)</font></td>
      <td WIDTH="54%" VALIGN="TOP"><b><font FACE="Arial" SIZE="2">
        <p ALIGN="CENTER">36-1750680</font></b><font FACE="Arial" SIZE="2"><br>
        I.R.S. employer identification no.)</font></td>
    </tr>
  </table>
  </center>
</div>
<font FACE="Arial" SIZE="2">
<p ALIGN="CENTER"><br>
<br>
<b>3333 Beverly Road<br>
Hoffman Estates, Illinois 60179<br>
</b>(Address of principal executive offices, including zip code)<br>
<br>
<b>Sears Puerto Rico Savings Plan</p>
</b>
<p ALIGN="CENTER">(Full title of the plan)<br>
<br>
<b>Andrea L. Zopp<br>
Senior Vice President and General Counsel<br>
Sears, Roebuck and Co.<br>
3333 Beverly Road<br>
Hoffman Estates, Illinois 60179<br>
</b>(Name and address of agent for service)<br>
<br>
<b>(847) 286-2500</b><br>
(Telephone number, including area code, of agent for service)<br>
<br>
<br>
<b>CALCULATION OF REGISTRATION FEE<br>
</p>
</b></font>
<p ALIGN="CENTER"><center>
<table BORDER="1" CELLSPACING="3" CELLPADDING="7" WIDTH="590">
  <tr>
    <td WIDTH="35%" VALIGN="bottom"><b><font FACE="Arial" SIZE="1">
      <p ALIGN="CENTER"><br>
      <br>
      <br>
      <br>
      Title of Securities to be Registered</font></b></td>
    <td WIDTH="14%" VALIGN="bottom"><b><font FACE="Arial" SIZE="1">
      <p ALIGN="CENTER"><br>
      <br>
      Amount to<br>
      be registered(1)</font></b></td>
    <td WIDTH="13%" VALIGN="bottom"><b><font FACE="Arial" SIZE="1">
      <p ALIGN="CENTER">Proposed maximum offering price per share</font></b></td>
    <td WIDTH="18%" VALIGN="bottom"><b><font FACE="Arial" SIZE="1">
      <p ALIGN="CENTER"><br>
      Proposed maximum aggregate offering price</font></b></td>
    <td WIDTH="20%" VALIGN="bottom"><b><font FACE="Arial" SIZE="1">
      <p ALIGN="CENTER"><br>
      <br>
      <br>
      Amount of registration fee</font></b></td>
  </tr>
  <tr>
    <td WIDTH="35%" VALIGN="TOP"><font FACE="Arial" SIZE="1">
      <p>Common Shares, par value $0.75 per share</font></td>
    <td WIDTH="14%" VALIGN="TOP"><font FACE="Arial" SIZE="1">
      <p ALIGN="CENTER"><br>
      10,000</font></td>
    <td WIDTH="13%" VALIGN="TOP"><font FACE="Arial" SIZE="1">
      <p ALIGN="CENTER"><br>
      $51.75(2)</font></td>
    <td WIDTH="18%" VALIGN="TOP"><font FACE="Arial" SIZE="1">
      <p ALIGN="CENTER"><br>
      $51.75(2)</font></td>
    <td WIDTH="20%" VALIGN="TOP"><font FACE="Arial" SIZE="1">
      <p ALIGN="CENTER"><br>
      $65.57</font></td>
  </tr>
</table>
</center><font FACE="Arial" SIZE="2">
<p><br>
(1) In addition, pursuant to Rule 416(c) under the Securities Act of 1933, this
Registration Statement also covers an indeterminate amount of interests to be
offered or sold pursuant to the employee benefit plan described herein.</p>
<p>(2) Estimated solely for purposes of determining the amount of the
registration fee, in accordance with Rule 457(h)(i) and Rule 457(c) under the
Securities Act of 1933, on the basis of the average of the high and low prices
of the registrant's common shares on the New York Stock Exchange on December 29,
2004.</p>
</font><b><font FACE="Arial">
<hr>
<p ALIGN="CENTER">&nbsp;</p>
<p ALIGN="CENTER">PART II<br>
<br>
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT</font></b><font FACE="Arial"><br>
</p>
</font>
<table CELLSPACING="0" BORDER="0" CELLPADDING="0" WIDTH="685">
  <tr>
    <td WIDTH="11%" VALIGN="TOP"><font FACE="Arial" SIZE="2">
      <p>Item 3.</font></td>
    <td WIDTH="89%" VALIGN="TOP"><font FACE="Arial" SIZE="2">
      <p>Incorporation of Documents by Reference</p>
      <p>The following documents filed by the registrant with the Securities and
      Exchange Commission (the &quot;Commission&quot;) are incorporated into
      this Registration Statement by reference, except to the extent that any
      statement or information therein is modified, superseded or replaced by a
      statement or information contained in any other subsequently filed
      document incorporated herein by reference:</p>
      <p>(1) <a NAME="OLE_LINK4">Registrant's</a> Annual Report on Form 10-K for
      the fiscal year ended January 3, 2004;</p>
      <p>(2) Registrant's Quarterly Reports on Forms 10-QA
      (Amendment No. 1) for the fiscal quarters ended April 3, July 3 and
      October 2, 2004;</p>
      <p>(3) Registrant's Current Reports on Form 8-K dated January 29, April
      21, July 22, October 21, November 4, November 17, November 18, December 14
      and December 23, 2004 (other than the portions of those documents not deemed to be
      filed); and</p>
      <p>(4) The description of registrant's common shares contained in Item 5
      beginning on page 11 of registrant's Annual Report on Form 10-K for the
      fiscal year ended January 3, 2004.</p>
      <p>All documents filed by the registrant and the Plan with the Commission
      pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Securities Exchange
      Act of 1934 subsequent to the date of this Registration Statement and
      prior to the filing of a post-effective amendment indicating that all
      securities offered hereunder have been sold or deregistering all
      securities then remaining unsold shall be deemed incorporated by reference
      in this Registration Statement and to be part hereof from the date of
      filing of such documents, except to the extent that any statement or
      information therein is modified superseded or replaced by a statement or
      information contained in any subsequently filed document incorporated
      herein by reference.</p>
      <p>&nbsp;</p>
      </font></td>
  </tr>
  <tr>
    <td WIDTH="11%" VALIGN="TOP"><font FACE="Arial" SIZE="2">
      <p>Item 4.</font></td>
    <td WIDTH="89%" VALIGN="TOP"><font FACE="Arial" SIZE="2">
      <p>Description of Securities.</p>
      <p><a NAME="OLE_LINK1">Not applicable.</a></p>
      <p>&nbsp;</p>
      </font></td>
  </tr>
  <tr>
    <td WIDTH="11%" VALIGN="TOP"><font FACE="Arial" SIZE="2">
      <p>Item 5.</font></td>
    <td WIDTH="89%" VALIGN="TOP"><font FACE="Arial" SIZE="2">
      <p>Interests of Named Experts and Counsel.</p>
      <p>Not applicable.</p>
      <p></font></td>
  </tr>
  <tr>
    <td WIDTH="11%" VALIGN="TOP" HEIGHT="312"><font FACE="Arial" SIZE="2">
      <p>Item 6.</font></td>
    <td WIDTH="89%" VALIGN="TOP" HEIGHT="312"><font FACE="Arial" SIZE="2">
      <p>Indemnification of Directors and Officers.</p>
      <p>The Company is a New York corporation. Sections 721 through 726 of the
      New York Business Corporation Law (the &quot;BCL&quot;) provide that, in
      certain circumstances, a corporation may indemnify its directors and
      officers against judgments, fines, amounts paid in settlement and
      reasonable expenses, including attorneys' fees, actually and necessarily
      incurred as a result of any actual or threatened action or proceeding
      against such directors or officers, or by or in the right of any other
      enterprise which such directors or officers served in any capacity at the
      request of the corporation, by reason of the fact that such person acted
      in any of the capacities set forth above, if such director or officer (i)
      acted, in good faith, for a purpose which he or she reasonably believed to
      be in or not opposed to the best interests of the corporation and (ii) in
      criminal actions or proceedings, had no reasonable cause to believe that
      his or her conduct was unlawful; provided, however, that no
      indemnification may be provided where a final adjudication adverse to the
      director or officer establishes that his or her actions were committed in
      bad faith or were the result of active and deliberate dishonesty and were
      material to the cause of action adjudicated, or that he or she personally
      gained a financial profit or other advantage to which he or she was not
      legally entitled. A corporation is required to indemnify against
      reasonable expenses (including attorneys' fees) incurred by any director
      or officer who successfully defends any such action. The BCL also provides
      for indemnification of officers and directors in actions by or in the
      right of the corporation, subject to certain exceptions. Indemnification
      provided by these provisions of the BCL is not exclusive of any other
      rights to which a director or officer may be entitled. The foregoing
      statements are subject to the detailed provisions of the BCL.</p>
      <p>Article V of the Company's By-laws provides that the Company shall
      indemnify, to the full extent permitted by law, any officer or director of
      the Company made, or threatened to be made, a party to, or who is
      otherwise involved in, any action, suit or proceeding, whether civil,
      criminal, administrative or investigative, by reason of the fact that such
      person or his testator or intestate acted in any of the capacities set
      forth above or, while a director or officer of the Company and at the
      request of the Company, is or was serving another corporation in any
      capacity, against judgments, fines, amounts paid in settlement and all
      expenses, including attorneys' fees, actually incurred as a result of such
      action. Article V states that the indemnification benefits provided
      thereby are contract rights, enforceable as if set forth in a written
      contract.</p>
      <p>The Company has in effect insurance policies with total coverage of
      $150,000,000 (subject to a deductible) that insure directors and officers
      of the Company and certain of its affiliates against certain claims that
      are not indemnifiable by the Company or those affiliates. These policies
      insure the Company, certain affiliates of the Company and their respective
      directors and officers for up to $140,000,000 against certain liabilities
      arising from the management or administration of certain employee benefit
      plans sponsored by the Company and its affiliates.</p>
      <p>&nbsp;</p>
      </font></td>
  </tr>
  <tr>
    <td WIDTH="11%" VALIGN="TOP"><font FACE="Arial" SIZE="2">
      <p>Item 7.</font></td>
    <td WIDTH="89%" VALIGN="TOP"><font FACE="Arial" SIZE="2">
      <p>Exemption from Registration Claimed.</p>
      <p>Not applicable</p>
      <p>&nbsp;</p>
      </font></td>
  </tr>
  <tr>
    <td WIDTH="11%" VALIGN="TOP" HEIGHT="84"><font FACE="Arial" SIZE="2">
      <p>Item 8.</font></td>
    <td WIDTH="89%" VALIGN="TOP" HEIGHT="84"><font FACE="Arial" SIZE="2">
      <p>Exhibits.<br>
      <br>
      The Exhibits to this Registration Statement are listed in the Exhibit
      Index beginning on page E-1 of this Registration Statement, which Index is
      incorporated herein by reference.</p>
      <p>The Registrant will submit or has submitted the Plan to the
      Departamento de Hacienda of Puerto Rico (the &quot;Hacienda&quot;) in a
      timely manner and has made or will make all changes required by the
      Hacienda in order to qualify such plan under Section 1165 of the Puerto
      Rico Internal Revenue Code of 1994, as amended.</p>
      <p>. The Plan is not required to be qualified under Section 401 of the
      Internal Revenue Code.</p>
      <p></font></td>
  </tr>
  <tr>
    <td WIDTH="11%" VALIGN="TOP" HEIGHT="84"><font FACE="Arial" SIZE="2">
      <p>Item 9.</font></td>
    <td WIDTH="89%" VALIGN="TOP" HEIGHT="84"><font FACE="Arial" SIZE="2">
      <p>Undertakings.<br>
      <br>
      A. The undersigned registrant hereby undertakes:<br>
      <br>
      (1) To file, during any period in which offers or sales are being made, a
      post-effective amendment to this registration statement:</p>
      <blockquote>
        (i) To include any prospectus required by Section 10(a)(3) of the
        Securities Act of 1933;
      </blockquote>
      <blockquote>
        (ii) To reflect in the prospectus any facts or events arising after the
        effective date of the registration statement (or the most recent
        post-effective amendment thereof) which, individually or in the
        aggregate, represent a fundamental change in the information set forth
        in the registration statement; and
      </blockquote>
      <blockquote>
        (iii) to include any material information with respect to the plan of
        distribution not previously disclosed in the registration statement or
        any material change to such information in the registration statement;
      </blockquote>
      <p>provided, however, that paragraphs A(1)(i) and A(1)(ii) do not apply if
      the information required to be included in a post-effective amendment by
      those paragraphs is contained in periodic reports filed with or furnished
      to the Securities and Exchange Commission by the registrant pursuant to
      Section 13 or 15(d) of the Securities Exchange Act of 1934 that are
      incorporated by reference in the registration statement.</p>
      <p>(2) That, for the purpose of determining any liability under the
      Securities Act of 1933, each such post-effective amendment shall be deemed
      to be a new registration statement relating to the securities offered
      therein, and the offering of such securities at that time shall be deemed
      to be the initial <i>bona fide</i> offering thereof.</p>
      <p>(3) To remove from registration by means of a post-effective amendment
      any of the securities being registered which remain unsold at the
      termination of the offering.</p>
      <p>B. The undersigned registrant hereby undertakes that, for purposes of
      determining any liability under the Securities Act of 1933, each filing of
      the registrant's annual report pursuant to Section 13(a) or 15(d) of the
      Securities Exchange Act of 1934 (and, where applicable, each filing of an
      employee benefit plan's annual report pursuant to Section 15(d) of the
      Securities Exchange Act of 1934) that is incorporated by reference in the
      registration statement shall be deemed to be a new registration statement
      relating to the securities offered therein, and the offering of such
      securities at that time shall be deemed to be the initial <i>bona fide</i>
      offering thereof.</p>
      <p>C. Insofar as indemnification for liabilities arising under the
      Securities Act of 1933 may be permitted to directors, officers and
      controlling persons of the registrant pursuant to the foregoing
      provisions, or otherwise, the registrant has been advised that in the
      opinion of the Securities and Exchange Commission such indemnification is
      against public policy as expressed in the Act and is, therefore,
      unenforceable. In the event that a claim for indemnification against such
      liabilities (other than the payment by the registrant of expenses incurred
      or paid by a director, officer or controlling person of the registrant in
      the successful defense of any action, suit or proceeding) is asserted by
      such director, officer or controlling person in connection with the
      securities being registered, the registrant will, unless in the opinion of
      its counsel the matter has been settled by controlling precedent, submit
      to a court of appropriate jurisdiction the question whether such
      indemnification by it is against public policy as expressed in the Act and
      will be governed by the final adjudication of such issue.</font></td>
  </tr>
</table>
<b><font FACE="Arial">
<hr>
<p ALIGN="CENTER">&nbsp;</p>
<p ALIGN="CENTER">SIGNATURES</p>
</font></b><font FACE="Arial" SIZE="4">
<p ALIGN="CENTER">&nbsp;</p>
</font><font FACE="Arial" SIZE="2">
<p>Pursuant to the requirements of the Securities Act of 1933, the Registrant
certifies that it has reasonable grounds to believe that it meets all of the
requirements for filing on Form S-8 and has duly caused this Registration
Statement to be signed on its behalf by the undersigned, thereunto duly
authorized, in the Village of Hoffman Estates, State of Illinois, on December
30, 2004.</p>
</font>
<table CELLSPACING="0" BORDER="0" CELLPADDING="7" WIDTH="638">
  <tr>
    <td WIDTH="51%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="49%" VALIGN="TOP" COLSPAN="2"><b><font FACE="Arial" SIZE="2">
      <p>SEARS, ROEBUCK AND CO.</font></b></td>
  </tr>
  <tr>
    <td WIDTH="51%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="7%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="42%" VALIGN="TOP"><font FACE="Arial" SIZE="2">
      <p>&nbsp;</p>
      <p>&nbsp;</font></td>
  </tr>
  <tr>
    <td WIDTH="51%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="7%" VALIGN="TOP"><font FACE="Arial" SIZE="2">
      <p>By:</font></td>
    <td WIDTH="42%" VALIGN="TOP"><font FACE="Arial" SIZE="2">
      <p><u>/s/ Michael J.
      Graham&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u><br>
      <a NAME="OLE_LINK16">Michael J. Graham</p>
      <p>Vice President and Controller</a></font></td>
  </tr>
</table>
<font FACE="Arial" SIZE="2">
<p><br>
Pursuant to the requirements of the Securities Act of 1933, this Registration
Statement has been signed by the following persons in the capacities and on the
date indicated:</p>
</font>
<table CELLSPACING="0" BORDER="0" CELLPADDING="7" WIDTH="649">
  <tr>
    <td WIDTH="182" VALIGN="TOP" COLSPAN="2"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="CENTER">Signature</font></b></td>
    <td WIDTH="274" VALIGN="TOP" COLSPAN="3"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="CENTER">Title</font></b></td>
    <td WIDTH="145" VALIGN="TOP"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="CENTER">Date<br>
      </font></b></td>
  </tr>
  <tr>
    <td WIDTH="182" VALIGN="TOP" COLSPAN="2"><font FACE="Arial" SIZE="2">
      <p>Alan J. Lacy*</font></td>
    <td WIDTH="274" VALIGN="TOP" COLSPAN="3"><font FACE="Arial" SIZE="2">
      <p>Chairman of the Board of Directors, President and Chief Executive
      Officer<br>
      (Principal Executive Officer)<br>
      </font></td>
    <td WIDTH="145" VALIGN="TOP"><font FACE="Arial" SIZE="2">
      <p><a NAME="OLE_LINK6">December 30, 2004</a></font></td>
  </tr>
  <tr>
    <td WIDTH="182" VALIGN="TOP" COLSPAN="2"><font FACE="Arial" SIZE="2">
      <p>Glenn R. Richter*</font></td>
    <td WIDTH="274" VALIGN="TOP" COLSPAN="3"><font FACE="Arial" SIZE="2">
      <p>Executive Vice President and Chief Financial Officer<br>
      (Principal Financial Officer)<br>
      </font></td>
    <td WIDTH="145" VALIGN="TOP"><font FACE="Arial" SIZE="2">
      <p>December 30, 2004</font></td>
  </tr>
  <tr>
    <td WIDTH="182" VALIGN="TOP" COLSPAN="2"><font FACE="Arial" SIZE="2">
      <p>Michael J. Graham*</font></td>
    <td WIDTH="274" VALIGN="TOP" COLSPAN="3"><font FACE="Arial" SIZE="2">
      <p>Vice President and Controller<br>
      (Principal Accounting Officer)<br>
      </font></td>
    <td WIDTH="145" VALIGN="TOP"><font FACE="Arial" SIZE="2">
      <p>December 30, 2004</font></td>
  </tr>
  <tr>
    <td WIDTH="182" VALIGN="TOP" COLSPAN="2"><font FACE="Arial" SIZE="2">
      <p>Hall Adams, Jr.*</p>
      </font></td>
    <td WIDTH="274" VALIGN="TOP" COLSPAN="3"><font FACE="Arial" SIZE="2">
      <p>Director</font></td>
    <td WIDTH="145" VALIGN="TOP"><font FACE="Arial" SIZE="2">
      <p>December 30, 2004</font></td>
  </tr>
  <tr>
    <td WIDTH="182" VALIGN="TOP" COLSPAN="2"><font FACE="Arial" SIZE="2">
      <p>William L. Bax*</p>
      </font></td>
    <td WIDTH="274" VALIGN="TOP" COLSPAN="3"><font FACE="Arial" SIZE="2">
      <p>Director</font></td>
    <td WIDTH="145" VALIGN="TOP"><font FACE="Arial" SIZE="2">
      <p>December 30, 2004</font></td>
  </tr>
  <tr>
    <td WIDTH="182" VALIGN="TOP" COLSPAN="2"><font FACE="Arial" SIZE="2">
      <p>Donald J. Carty*</p>
      </font></td>
    <td WIDTH="274" VALIGN="TOP" COLSPAN="3"><font FACE="Arial" SIZE="2">
      <p>Director</font></td>
    <td WIDTH="145" VALIGN="TOP"><font FACE="Arial" SIZE="2">
      <p>December 30, 2004</font></td>
  </tr>
  <tr>
    <td WIDTH="182" VALIGN="TOP" COLSPAN="2"><font FACE="Arial" SIZE="2">
      <p>W. James Farrell*</p>
      </font></td>
    <td WIDTH="274" VALIGN="TOP" COLSPAN="3"><font FACE="Arial" SIZE="2">
      <p>Director</font></td>
    <td WIDTH="145" VALIGN="TOP"><font FACE="Arial" SIZE="2">
      <p>December 30, 2004</font></td>
  </tr>
  <tr>
    <td WIDTH="182" VALIGN="TOP" COLSPAN="2"><font FACE="Arial" SIZE="2">
      <p>Michael A. Miles*</p>
      </font></td>
    <td WIDTH="274" VALIGN="TOP" COLSPAN="3"><font FACE="Arial" SIZE="2">
      <p>Director</font></td>
    <td WIDTH="145" VALIGN="TOP"><font FACE="Arial" SIZE="2">
      <p>December 30, 2004</font></td>
  </tr>
  <tr>
    <td WIDTH="182" VALIGN="TOP" COLSPAN="2"><font FACE="Arial" SIZE="2">
      <p>Dorothy A. Terrell*</p>
      </font></td>
    <td WIDTH="274" VALIGN="TOP" COLSPAN="3"><font FACE="Arial" SIZE="2">
      <p>Director</font></td>
    <td WIDTH="145" VALIGN="TOP"><font FACE="Arial" SIZE="2">
      <p>December 30, 2004</font></td>
  </tr>
  <tr>
    <td WIDTH="182" VALIGN="TOP" COLSPAN="2"><font FACE="Arial" SIZE="2">
      <p>Raul Yzaguirre*</p>
      <p>&nbsp;</font></td>
    <td WIDTH="274" VALIGN="TOP" COLSPAN="3"><font FACE="Arial" SIZE="2">
      <p>Director</font></td>
    <td WIDTH="145" VALIGN="TOP"><font FACE="Arial" SIZE="2">
      <p>December 30, 2004</font></td>
  </tr>
  <tr>
    <td WIDTH="181" VALIGN="TOP"><font FACE="Arial" SIZE="2">
      <p align="right"><br>
      *By:</font></td>
    <td WIDTH="436" VALIGN="TOP" COLSPAN="5"><font FACE="Arial" SIZE="2">
      <p><a NAME="OLE_LINK9"><br>
      <u>/s/ Michael J. Graham</u></a><u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u><br>
      Michael J. Graham<br>
      Individually and as Attorney-in-fact</font></td>
  </tr>
  <tr>
    <td WIDTH="182" VALIGN="TOP" COLSPAN="3"><font FACE="Arial" SIZE="2">
      <p ALIGN="CENTER"><a NAME="OLE_LINK5"></p>
      <p ALIGN="CENTER"></a><a NAME="OLE_LINK12"></a></p>
      <p ALIGN="CENTER">&nbsp;</p>
      <p ALIGN="CENTER">&nbsp;</font></td>
    <td WIDTH="201" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="218" VALIGN="TOP" COLSPAN="2">&nbsp;</td>
  </tr>
</table>
<font FACE="Arial" SIZE="2">
<p ALIGN="CENTER">&nbsp;</p>
</font>
<table CELLSPACING="0" BORDER="0" CELLPADDING="0" width="752">
  <tr>
    <td VALIGN="TOP" COLSPAN="3" width="750">&nbsp;</td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="3" width="750"><font FACE="Arial" SIZE="2">
      <p>Pursuant to the requirements of the Securities Act of 1933, the
      administrator of the Sears Puerto Rico Savings Plan has duly caused this
      Registration Statement to be signed on the Plan's behalf by the
      undersigned, thereunto duly authorized, in the Village of Hoffman Estates,
      State of Illinois, on the 30th day of December, 2004.</p>
      <p>&nbsp;</font></td>
  </tr>
  <tr>
    <td WIDTH="348" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="400" VALIGN="TOP" COLSPAN="2"><b><font FACE="Arial" SIZE="2">
      <p>SEARS PUERTO RICO SAVINGS PLAN</font></b></td>
  </tr>
  <tr>
    <td WIDTH="348" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="31" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="367" VALIGN="TOP">&nbsp;</td>
  </tr>
  <tr>
    <td WIDTH="348" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="31" VALIGN="TOP"><font FACE="Arial" SIZE="2">
      <p>By:</font></td>
    <td WIDTH="367" VALIGN="TOP"><font FACE="Arial" SIZE="2">
      <p>Sears, Roebuck and Co.<br>
      Plan Administrator</p>
      </font></td>
  </tr>
  <tr>
    <td WIDTH="348" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="31" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="367" VALIGN="TOP">&nbsp;&nbsp; </td>
  </tr>
  <tr>
    <td WIDTH="348" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="31" VALIGN="TOP"><font FACE="Arial" SIZE="2">
      <p>By:</font></td>
    <td WIDTH="367" VALIGN="TOP"><font face="Arial" size="2"><u>/s/ Greg A.
      Lee&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u><br>
      Greg A. Lee<br>
      Senior Vice President, Human Resources</font></td>
  </tr>
  <tr>
    <td WIDTH="348" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="31" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="367" VALIGN="TOP">&nbsp;</td>
  </tr>
</table>
<b><font FACE="Arial">
<p ALIGN="CENTER">&nbsp;</p>
<p ALIGN="CENTER">EXHIBIT INDEX</p>
</font></b><font FACE="Arial" SIZE="4">
<p ALIGN="CENTER">&nbsp;</p>
</font>
<table CELLSPACING="0" BORDER="0" CELLPADDING="0" WIDTH="638">
  <tr>
    <td WIDTH="13%" VALIGN="TOP"><font FACE="Arial" SIZE="2">
      <p ALIGN="CENTER">Exhibit Number<br>
      &nbsp;</font></td>
    <td WIDTH="87%" VALIGN="TOP">&nbsp;</td>
  </tr>
  <tr>
    <td WIDTH="13%" VALIGN="TOP"><font FACE="Arial" SIZE="2">
      <p ALIGN="CENTER"><a NAME="OLE_LINK2">4.1</a></font></td>
    <td WIDTH="87%" VALIGN="TOP"><font FACE="Arial" SIZE="2">
      <p style="word-spacing: 0; line-height: 100%; margin-top: 0; margin-bottom: 0">Sears
      Puerto Rico Savings Plan effective as of January 1, 2005*<br>
      &nbsp;</font></td>
  </tr>
  <tr>
    <td WIDTH="13%" VALIGN="TOP"><font FACE="Arial" SIZE="2">
      <p ALIGN="CENTER">4.2</font></td>
    <td WIDTH="87%" VALIGN="TOP"><font FACE="Arial" SIZE="2">
      <p style="word-spacing: 0; line-height: 100%; margin-top: 0; margin-bottom: 0">Sears
      Puerto Rico Savings Plan Deed of Trust Agreement*</p>
      <p style="word-spacing: 0; line-height: 100%; margin-top: 0; margin-bottom: 0">&nbsp;</p>
      </font></td>
  </tr>
  <tr>
    <td WIDTH="13%" VALIGN="TOP"><font FACE="Arial" SIZE="2">
      <p ALIGN="CENTER">15</font></td>
    <td WIDTH="87%" VALIGN="TOP"><font FACE="Arial" SIZE="2">
      <p style="word-spacing: 0; line-height: 100%; margin-top: 0; margin-bottom: 0"><a NAME="OLE_LINK3">Acknowledgment
      of Deloitte &amp; Touche LLP regarding unaudited interim information</a>*</p>
      <p style="word-spacing: 0; line-height: 100%; margin-top: 0; margin-bottom: 0">&nbsp;</p>
      </font></td>
  </tr>
  <tr>
    <td WIDTH="13%" VALIGN="TOP"><font FACE="Arial" SIZE="2">
      <p ALIGN="CENTER">23</font></td>
    <td WIDTH="87%" VALIGN="TOP"><font FACE="Arial" SIZE="2">
      <p style="word-spacing: 0; line-height: 100%; margin-top: 0; margin-bottom: 0">Consent
      of Deloitte &amp; Touche LLP*</p>
      <p style="word-spacing: 0; line-height: 100%; margin-top: 0; margin-bottom: 0">&nbsp;</p>
      </font></td>
  </tr>
  <tr>
    <td WIDTH="13%" VALIGN="TOP"><font FACE="Arial" SIZE="2">
      <p ALIGN="CENTER">24</font></td>
    <td WIDTH="87%" VALIGN="TOP"><font FACE="Arial" SIZE="2">
      <p style="word-spacing: 0; line-height: 100%; margin-top: 0; margin-bottom: 0">Power
      of Attorney of certain officers and directors of registrant*</p>
      </font></td>
  </tr>
</table>
<font FACE="Arial" SIZE="2">
<p>&nbsp;</p>
<p>*Filed herewith</p>
</font>

</body>

</html>
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{"company-data": {"conformed-name": "SEARS ROEBUCK & CO", "cik": "0000319256", "assigned-sic": "5311", "irs-number": "361750680", "state-of-incorporation": "NY", "fiscal-year-end": "0103"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-121776", "film-number": "041234331"}, "business-address": {"street1": "3333 BEVERLY RD B-5 317A", "city": "HOFFMAN ESTATES", "state": "IL", "zip": "60179", "phone": "8472862500"}, "mail-address": {"street1": "3333 BEVERLY RD B-5 317A", "city": "HOFFMAN ESTATES", "state": "IL", "zip": "60179"}}
New Page 1
As filed with the Securities and Exchange Commission on
December 30, 2004
Registration No. 333-
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM S-8
Registration Statement
under
The Securities Act of 1933
SEARS, ROEBUCK AND CO.
(Exact name of registrant as specified in
its charter)
New York
(State of jurisdiction of
        incorporation of organization)
36-1750680
I.R.S. employer identification no.)
3333 Beverly Road
Hoffman Estates, Illinois 60179
(Address of principal executive offices, including zip code)
Sears Puerto Rico Savings Plan
(Full title of the plan)
Andrea L. Zopp
Senior Vice President and General Counsel
Sears, Roebuck and Co.
3333 Beverly Road
Hoffman Estates, Illinois 60179
(Name and address of agent for service)
(847) 286-2500
(Telephone number, including area code, of agent for service)
CALCULATION OF REGISTRATION FEE
Title of Securities to be Registered
Amount to
be registered(1)
Proposed maximum offering price per share
Proposed maximum aggregate offering price
Amount of registration fee
Common Shares, par value $0.75 per share
10,000
$51.75(2)
$51.75(2)
$65.57
(1) In addition, pursuant to Rule 416(c) under the Securities Act of 1933, this
Registration Statement also covers an indeterminate amount of interests to be
offered or sold pursuant to the employee benefit plan described herein.
(2) Estimated solely for purposes of determining the amount of the
registration fee, in accordance with Rule 457(h)(i) and Rule 457(c) under the
Securities Act of 1933, on the basis of the average of the high and low prices
of the registrant's common shares on the New York Stock Exchange on December 29,
2004.
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item 3.
Incorporation of Documents by Reference
The following documents filed by the registrant with the Securities and
      Exchange Commission (the "Commission") are incorporated into
      this Registration Statement by reference, except to the extent that any
      statement or information therein is modified, superseded or replaced by a
      statement or information contained in any other subsequently filed
      document incorporated herein by reference:
(1)
Registrant's
Annual Report on Form 10-K for
      the fiscal year ended January 3, 2004;
(2) Registrant's Quarterly Reports on Forms 10-QA
      (Amendment No. 1) for the fiscal quarters ended April 3, July 3 and
      October 2, 2004;
(3) Registrant's Current Reports on Form 8-K dated January 29, April
      21, July 22, October 21, November 4, November 17, November 18, December 14
      and December 23, 2004 (other than the portions of those documents not deemed to be
      filed); and
(4) The description of registrant's common shares contained in Item 5
      beginning on page 11 of registrant's Annual Report on Form 10-K for the
      fiscal year ended January 3, 2004.
All documents filed by the registrant and the Plan with the Commission
      pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Securities Exchange
      Act of 1934 subsequent to the date of this Registration Statement and
      prior to the filing of a post-effective amendment indicating that all
      securities offered hereunder have been sold or deregistering all
      securities then remaining unsold shall be deemed incorporated by reference
      in this Registration Statement and to be part hereof from the date of
      filing of such documents, except to the extent that any statement or
      information therein is modified superseded or replaced by a statement or
      information contained in any subsequently filed document incorporated
      herein by reference.
Item 4.
Description of Securities.
Not applicable.
Item 5.
Interests of Named Experts and Counsel.
Not applicable.
Item 6.
Indemnification of Directors and Officers.
The Company is a New York corporation. Sections 721 through 726 of the
      New York Business Corporation Law (the "BCL") provide that, in
      certain circumstances, a corporation may indemnify its directors and
      officers against judgments, fines, amounts paid in settlement and
      reasonable expenses, including attorneys' fees, actually and necessarily
      incurred as a result of any actual or threatened action or proceeding
      against such directors or officers, or by or in the right of any other
      enterprise which such directors or officers served in any capacity at the
      request of the corporation, by reason of the fact that such person acted
      in any of the capacities set forth above, if such director or officer (i)
      acted, in good faith, for a purpose which he or she reasonably believed to
      be in or not opposed to the best interests of the corporation and (ii) in
      criminal actions or proceedings, had no reasonable cause to believe that
      his or her conduct was unlawful; provided, however, that no
      indemnification may be provided where a final adjudication adverse to the
      director or officer establishes that his or her actions were committed in
      bad faith or were the result of active and deliberate dishonesty and were
      material to the cause of action adjudicated, or that he or she personally
      gained a financial profit or other advantage to which he or she was not
      legally entitled. A corporation is required to indemnify against
      reasonable expenses (including attorneys' fees) incurred by any director
      or officer who successfully defends any such action. The BCL also provides
      for indemnification of officers and directors in actions by or in the
      right of the corporation, subject to certain exceptions. Indemnification
      provided by these provisions of the BCL is not exclusive of any other
      rights to which a director or officer may be entitled. The foregoing
      statements are subject to the detailed provisions of the BCL.
Article V of the Company's By-laws provides that the Company shall
      indemnify, to the full extent permitted by law, any officer or director of
      the Company made, or threatened to be made, a party to, or who is
      otherwise involved in, any action, suit or proceeding, whether civil,
      criminal, administrative or investigative, by reason of the fact that such
      person or his testator or intestate acted in any of the capacities set
      forth above or, while a director or officer of the Company and at the
      request of the Company, is or was serving another corporation in any
      capacity, against judgments, fines, amounts paid in settlement and all
      expenses, including attorneys' fees, actually incurred as a result of such
      action. Article V states that the indemnification benefits provided
      thereby are contract rights, enforceable as if set forth in a written
      contract.
The Company has in effect insurance policies with total coverage of
      $150,000,000 (subject to a deductible) that insure directors and officers
      of the Company and certain of its affiliates against certain claims that
      are not indemnifiable by the Company or those affiliates. These policies
      insure the Company, certain affiliates of the Company and their respective
      directors and officers for up to $140,000,000 against certain liabilities
      arising from the management or administration of certain employee benefit
      plans sponsored by the Company and its affiliates.
Item 7.
Exemption from Registration Claimed.
Not applicable
Item 8.
Exhibits.
The Exhibits to this Registration Statement are listed in the Exhibit
      Index beginning on page E-1 of this Registration Statement, which Index is
      incorporated herein by reference.
The Registrant will submit or has submitted the Plan to the
      Departamento de Hacienda of Puerto Rico (the "Hacienda") in a
      timely manner and has made or will make all changes required by the
      Hacienda in order to qualify such plan under Section 1165 of the Puerto
      Rico Internal Revenue Code of 1994, as amended.
. The Plan is not required to be qualified under Section 401 of the
      Internal Revenue Code.
Item 9.
Undertakings.
A. The undersigned registrant hereby undertakes:
(1) To file, during any period in which offers or sales are being made, a
      post-effective amendment to this registration statement:
(i) To include any prospectus required by Section 10(a)(3) of the
        Securities Act of 1933;
(ii) To reflect in the prospectus any facts or events arising after the
        effective date of the registration statement (or the most recent
        post-effective amendment thereof) which, individually or in the
        aggregate, represent a fundamental change in the information set forth
        in the registration statement; and
(iii) to include any material information with respect to the plan of
        distribution not previously disclosed in the registration statement or
        any material change to such information in the registration statement;
provided, however, that paragraphs A(1)(i) and A(1)(ii) do not apply if
      the information required to be included in a post-effective amendment by
      those paragraphs is contained in periodic reports filed with or furnished
      to the Securities and Exchange Commission by the registrant pursuant to
      Section 13 or 15(d) of the Securities Exchange Act of 1934 that are
      incorporated by reference in the registration statement.
(2) That, for the purpose of determining any liability under the
      Securities Act of 1933, each such post-effective amendment shall be deemed
      to be a new registration statement relating to the securities offered
      therein, and the offering of such securities at that time shall be deemed
      to be the initial
bona fide
offering thereof.
(3) To remove from registration by means of a post-effective amendment
      any of the securities being registered which remain unsold at the
      termination of the offering.
B. The undersigned registrant hereby undertakes that, for purposes of
      determining any liability under the Securities Act of 1933, each filing of
      the registrant's annual report pursuant to Section 13(a) or 15(d) of the
      Securities Exchange Act of 1934 (and, where applicable, each filing of an
      employee benefit plan's annual report pursuant to Section 15(d) of the
      Securities Exchange Act of 1934) that is incorporated by reference in the
      registration statement shall be deemed to be a new registration statement
      relating to the securities offered therein, and the offering of such
      securities at that time shall be deemed to be the initial
bona fide
offering thereof.
C. Insofar as indemnification for liabilities arising under the
      Securities Act of 1933 may be permitted to directors, officers and
      controlling persons of the registrant pursuant to the foregoing
      provisions, or otherwise, the registrant has been advised that in the
      opinion of the Securities and Exchange Commission such indemnification is
      against public policy as expressed in the Act and is, therefore,
      unenforceable. In the event that a claim for indemnification against such
      liabilities (other than the payment by the registrant of expenses incurred
      or paid by a director, officer or controlling person of the registrant in
      the successful defense of any action, suit or proceeding) is asserted by
      such director, officer or controlling person in connection with the
      securities being registered, the registrant will, unless in the opinion of
      its counsel the matter has been settled by controlling precedent, submit
      to a court of appropriate jurisdiction the question whether such
      indemnification by it is against public policy as expressed in the Act and
      will be governed by the final adjudication of such issue.
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, the Registrant
certifies that it has reasonable grounds to believe that it meets all of the
requirements for filing on Form S-8 and has duly caused this Registration
Statement to be signed on its behalf by the undersigned, thereunto duly
authorized, in the Village of Hoffman Estates, State of Illinois, on December
30, 2004.
SEARS, ROEBUCK AND CO.
By:
/s/ Michael J.
      Graham
Michael J. Graham
Vice President and Controller
Pursuant to the requirements of the Securities Act of 1933, this Registration
Statement has been signed by the following persons in the capacities and on the
date indicated:
Signature
Title
Date
Alan J. Lacy*
Chairman of the Board of Directors, President and Chief Executive
      Officer
(Principal Executive Officer)
December 30, 2004
Glenn R. Richter*
Executive Vice President and Chief Financial Officer
(Principal Financial Officer)
December 30, 2004
Michael J. Graham*
Vice President and Controller
(Principal Accounting Officer)
December 30, 2004
Hall Adams, Jr.*
Director
December 30, 2004
William L. Bax*
Director
December 30, 2004
Donald J. Carty*
Director
December 30, 2004
W. James Farrell*
Director
December 30, 2004
Michael A. Miles*
Director
December 30, 2004
Dorothy A. Terrell*
Director
December 30, 2004
Raul Yzaguirre*
Director
December 30, 2004
*By:
/s/ Michael J. Graham
Michael J. Graham
Individually and as Attorney-in-fact
Pursuant to the requirements of the Securities Act of 1933, the
      administrator of the Sears Puerto Rico Savings Plan has duly caused this
      Registration Statement to be signed on the Plan's behalf by the
      undersigned, thereunto duly authorized, in the Village of Hoffman Estates,
      State of Illinois, on the 30th day of December, 2004.
SEARS PUERTO RICO SAVINGS PLAN
By:
Sears, Roebuck and Co.
Plan Administrator
By:
/s/ Greg A.
      Lee
Greg A. Lee
Senior Vice President, Human Resources
EXHIBIT INDEX
Exhibit Number
4.1
Sears
      Puerto Rico Savings Plan effective as of January 1, 2005*
4.2
Sears
      Puerto Rico Savings Plan Deed of Trust Agreement*
15
Acknowledgment
      of Deloitte & Touche LLP regarding unaudited interim information
*
23
Consent
      of Deloitte & Touche LLP*
24
Power
      of Attorney of certain officers and directors of registrant*
*Filed herewith