Jim Sluzewski
Jim Sluzewski
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.
answer customer itself lends practical realistic serves
The practical answer there is no. Bloomingdale's serves a customer that lends itself to a different kind of market. I don't think that's a realistic possibility.
department people sales shopping stores year
When people say to me, 'Why aren't people shopping in department stores anymore?' I tell them our sales this year will be $27 billion, which is a lot of shopping in department stores.
business chance decision good great hard name stores tradition truth understand
We understand the emotions. Field's is a great name and a great tradition and it was a hard decision for us to make. But the truth is, Field's business has not been good and we think we have a chance to revitalize those stores as Macy's.
business ongoing
At this point, it's an ongoing store. Business as usual.
letting studying
We're studying the brand, and when we make some decisions, we'll be letting the world know.
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.
employees jobs northeast offer ohio people store stores within
We are working with the employees and will offer jobs within the store or in our other stores in northeast Ohio to as many people as possible.
certain executives exercise periods stocks time trade
There are only certain windows, certain periods of time when executives can trade stocks and exercise options.
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.
analyst data numbers provided until
The analyst numbers all have different data and assumptions in them that we haven't provided until now.
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.
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.