We think we're going to be able to have positions for a substantial majority of them.
More Quotes from Jim Sluzewski:
Today was the day we made the decision that the plan is to sell Lord Taylor as an ongoing business.Jim Sluzewski
If May is making this decision, I'm sure it's a good one.
Jim Sluzewski
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.
Jim Sluzewski
Our intention is we'll sell the business as a whole and presumably, they (workers) will be continued to be employed by Lord Taylor.
Jim Sluzewski
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.
Jim Sluzewski
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.
Jim Sluzewski
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