Today, things look really good. But these next five weeks are really critical, ... You have to wait and see how it unfolds.
More Quotes from Terry Lundgren:
With the merger, we'll become stronger, faster-growing and more profitable than if we went ahead alone, ... The strength of our branding will be across twice the number of stores than we currently operate.Terry Lundgren
We have great respect for the legacy and traditions of Marshall Field's, and we carefully researched customer preferences and studied alternatives before making this decision to incorporate Marshall Field's into the nationwide Macy's brand, ... While the store's name will change, much of what customers love will stay the same, including Marshall Field's traditions and its outstanding record of community and charitable giving. As part of this name change process, we will do everything we can to honor the Marshall Field's heritage, particularly in its Chicago birthplace.
Terry Lundgren
These actions reflect our confidence in the future operating results and cash flow of the company, as well as our ongoing determination to build long-term shareholder value.
Terry Lundgren
Our online businesses have performed very well over the past several years, with consistent double-digit sales growth rates and improving profitability. To maintain the momentum, we recognize we need to invest to better serve additional customers who want to shop online for the type of fashion merchandise we sell, especially as Macy's and Bloomingdale's expand their store presence nationwide. We are very serious about capitalizing on this opportunity.
Terry Lundgren
By announcing these decisions now, we can begin more specific planning for the future. This includes discussing potential career opportunities within Federated for May Company employees and ensuring new merchandise assortments are in place as soon as possible in stores acquired from May.
Terry Lundgren
Readers Who Like This Quotation Also Like:
You don't have to be peculiar to find God.Evelyn Underhill
The pen is mightier than the sword if the sword is very short, and the pen is very sharp.
Terry Pratchett
My success is not due to any personal superiority over other people.
John Philip Sousa