Jim Sluzewski
Jim Sluzewski
investing return
We know that there is a return on investment. Otherwise, we wouldn't be investing in reinvent.
business continued employed intention lord sell
Our intention is we'll sell the business as a whole and presumably, they (workers) will be continued to be employed by Lord & Taylor.
employees hard intention places store work
Our intention is to work hard to find places for our employees at other stores, or the other store in the mall.
bend company department south terms
I think in terms of our true, full-line department stores, South Bend is the only place where May Company had two nameplates.
brings buy lower measure offered pricing simplicity today
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.
believe best course surprised
The announcement may have surprised some people, but we believe it was the best course of action.
analyst data numbers provided until
The analyst numbers all have different data and assumptions in them that we haven't provided until now.
answer customer itself lends practical realistic serves
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.
employees jobs northeast offer ohio people store stores within
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.
business chance decision good great hard name stores tradition truth understand
We understand the emotions. Field's is a great name and a great tradition and it was a hard decision for us to make. But the truth is, Field's business has not been good and we think we have a chance to revitalize those stores as Macy's.
best comment final interest until
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.
proof
The proof will be in the integration of the transition.
decision lord ongoing plan sell taylor today
Today was the day we made the decision that the plan is to sell Lord & Taylor as an ongoing business.
work
We have a lot of work to do before we get to that point.