Jim Sluzewski Quotes (25 Quotes)


    Our intention is to work hard to find places for our employees at other stores, or the other store in the mall.

    As we said in making the announcement in September 2005, the company is committed to preserving Marshall Field's traditions -- the Walnut Room, Great Clocks, holiday tree and windows, etc. Crain's is making it sound like there's something more, which is not the case.

    I think in terms of our true, full-line department stores, South Bend is the only place where May Company had two nameplates.

    There are only certain windows, certain periods of time when executives can trade stocks and exercise options.

    At this point, it's an ongoing store. Business as usual.


    Our intention is we'll sell the business as a whole and presumably, they (workers) will be continued to be employed by Lord Taylor.

    Today was the day we made the decision that the plan is to sell Lord Taylor as an ongoing business.

    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.

    We've been doing a thorough store-by-store analysis of Lord Taylor as part of our divestiture process.

    We really haven't studied that situation to determine the best course of action.

    We looked at locations mall by mall and market by market and determined which of the two stores would best be able to meet our goals.

    We're obviously glad the transit workers are going back to work and that the transit system will be back to normal soon. We're looking forward to welcoming customers into stores as they finish their holiday shopping.

    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.

    We know that there is a return on investment. Otherwise, we wouldn't be investing in reinvent.

    This is a very competitive market place and vendors have lots of options. We're going to work with vendors to make our assortment as distinctive as possible.

    If May is making this decision, I'm sure it's a good one.

    We think we're going to be able to have positions for a substantial majority of them.

    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.

    It will be generally in a 60-day time frame, depending on how the merchandise sells. At the point it is cleared, the store will close and be sold to someone else.

    It's clear that newspaper advertising is still an important vehicle for our stores.

    We're studying the brand, and when we make some decisions, we'll be letting the world know.

    The announcement may have surprised some people, but we believe it was the best course of action.

    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.

    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.

    In the media spending aspect, what we'll be able to do is really, for the first time, national TV buys.


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