Our intention is we'll sell the business as a whole and presumably, they (workers) will be continued to be employed by Lord & Taylor. |
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. |
That's not out of the question. We are talking to retailers, we are talking to developers. |
The analyst numbers all have different data and assumptions in them that we haven't provided until now. |
The announcement may have surprised some people, but we believe it was the best course of action. |
The career customer is an upscale customer. |
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. |
The proof will be in the integration of the transition. |
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. |
There are only certain windows, certain periods of time when executives can trade stocks and exercise options. |
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. |
Today was the day we made the decision that the plan is to sell Lord & Taylor as an ongoing business. |
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. |
We have a lot of work to do before we get to that point. |
We know that there is a return on investment. Otherwise, we wouldn't be investing in reinvent. |