Alan Lacy
Alan Lacy
broad business clear cosmetics financial fits improving longer objectives performance stores strategic work
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,
business change company confidence constitute credit departure kevin left lost performance personal related request
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.
actions believe canada common consider decision largest management respect senior tender whether
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.