Jeffrey Edelman
Jeffrey Edelman
dominant step virtually
This is just one step in many. I think they look to be dominant in virtually everything they do.
adjunct broadband home involved natural offering since terms
Since Sears is involved in home installation, installing the broadband would probably be a natural adjunct in terms of offering services.
although economy economy-and-economics slower
I think there will be a recovery. The economy is still growing, although it's at a slower pace.
gives
I think it gives them another way to become more visible.
card gift hear higher initial interested january led response selling spring
We are interested to hear about initial response to spring assortments, especially as gift card usage is on the rise, which could have led to higher spring selling January and February.
consensus continue drive estimate expect gains guide includes industry kicks likely management march market ny outlook position sales share stepped temporary
While management will likely continue to guide conservatively, we expect 2006 outlook will be at least in-line with (analysts' consensus estimate of) $4.18. JC Penney's stepped up branding campaign, which kicks off March 2 and includes a temporary NY store, should drive some sales and more importantly position them for market share gains as industry rationalization frees up share.