38 ordspråk av Alan Lacy

Alan Lacy

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With the success of our offer assured, we expect other Sears Canada shareholders to tender their common shares in order to promptly receive our offer price of $18 per share.

The Great Indoors is a viable, important format that has always resonated with customers. The business continues to hold great promise.

Our credit business contributed very strong growth in operating income, ... We are pleased with the quality of our credit portfolio and our ongoing productivity improvements.

The Great Indoors clearly is geared around home remodeling, re-decorating, so to some extent there's more economic linkage there than just daily life. But there's an awful lot of fashions and soft elements to this box that you don't have to be gutting your kitchen to go shopping there,

We recognize that we really don't make enough money in our retail business, ... If you look just at our retail segment we're not happy with our retail performance here.

We think in terms of pricing and assortment we have very good offerings, ... But we have not been able to break through consumers minds in terms of value perception.

Our actions reflect our heightened focus on productivity and returns. We will continue to identify opportunities to more effectively deploy resources and enhance overall company profitability of Sears off-the-mall businesses,

As work on improving the performance of full-line stores progresses, it has become clear that a broad cosmetics business no longer fits with our financial and strategic objectives for Sears full-line stores,

As in the second quarter, we have been able to weather the difficult top-line environment by effectively managing our retail operating expenses and inventories. We are also pleased to have achieved continued gross margin expansion in the third quarter,

An economy that was clearly bad has gone to worse after those (Sept. 11) tragedies took place,

We are moving away from a traditional department store business model. That has to change,

We'll emphasize better classic apparel while highlighting our strong appliance, electronics and home improvement merchandise,

While revenues continue to be soft, our focus on gross margin, inventory levels and operating expenses is driving substantial profit improvement,

Kevin left the company at my request because I lost confidence in his personal credibility, ... His departure is not related to business performance and does not constitute a change in credit strategy.

We are pleased that sales in core businesses such as lawn and garden, tools and apparel have shown signs of strengthening, especially considering the difficult economic environment,

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