Jim Sluzewski
Jim Sluzewski
action best course determine situation studied
We really haven't studied that situation to determine the best course of action.
believe best course surprised
The announcement may have surprised some people, but we believe it was the best course of action.
best deal identified stores
We're swapping 12 stores for 12 stores. We'd identified 13 of the 15 for divestiture. This was the best deal for the properties.
best comment final interest until
There are a lot of negotiations going on around the country, and it's not in our best interest to comment until we have a final determination.
best determined locations looked mall market meet stores
We looked at locations mall by mall and market by market and determined which of the two stores would best be able to meet our goals.
buyer
When we have a buyer for it, we'll be making an announcement.
store
We're still evaluating the store base. We've made no other determinations as of yet.
brings buy lower measure offered pricing simplicity today
That brings a measure of simplicity to pricing and reliability assuring shoppers that what they can buy today will never be offered at a lower price.
analyst data numbers provided until
The analyst numbers all have different data and assumptions in them that we haven't provided until now.
business continued employed intention lord sell
Our intention is we'll sell the business as a whole and presumably, they (workers) will be continued to be employed by Lord & Taylor.
employees hard intention places store work
Our intention is to work hard to find places for our employees at other stores, or the other store in the mall.
work
We have a lot of work to do before we get to that point.
investing return
We know that there is a return on investment. Otherwise, we wouldn't be investing in reinvent.
lots market work
This is a very competitive market place and vendors have lots of options. We're going to work with vendors to make our assortment as distinctive as possible.