Sears has had a very different problem from Kmart, ... Our service and products are as good as our competitors but they're not where our customers are. This now gives us the opportunity to grow off-mall locations closer to the customer. |
That really is the only piece of equipment that you need for running. The shoe all depends on the person because there are all different kinds of shoes and it depends on your foot size, your weight and different people have different stride patterns. |
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, |
The Great Indoors is a viable, important format that has always resonated with customers. The business continues to hold great promise. |
The Sears Holdings proposal represents an excellent opportunity for Sears Canada shareholders to realize a premium and liquidity for their shares. |
They should start very slowly and build up. They probably should have a physical examination, especially if they are older. For students, taking a running or a walk-jog class wouldn't be a bad idea because they would be able to get valuable information from that. |
We anticipated August would be a tough comparison for Sears from 2003, in part because of the absence of tax refunds this year, and the strong performance of our home appliance and lawn and garden businesses at this time last year, |
We are concerned that speculation reported in the press may be misleading the market regarding our intentions. |
We are extending our offer to provide shareholders with a continued opportunity to tender to our $16.86 offer, which we believe represents a full and fair price. |
We are moving away from a traditional department store business model. That has to change, |
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, |
We believe that most Sears Canada shareholders will agree that $16.86 is a fair price and will tender their shares to our offer once it is formally made. |
We believe that Sears Canada shareholders should consider the actions of the senior management and the largest independent shareholder when making a decision with respect to whether to tender their Sears Canada common shares. |
We knew that this would be our toughest quarter as we reached the height of our reposition efforts, ... This is a difficult environment with the possibility of war with Iraq and the West coast port lockout challenges we face in the critical holiday season. |
We probably are going to become a little bit less of a department store, with less emphasis on apparel, ... I think the exit from cosmetics is an example of this. We are very much in the process of reworking our business model and how we go to market and how we spend money. |