Alan Lacy Quotes

While we would prefer to own 100 percent of Sears Canada, we are committed to increasing our ownership through this offer in any case. - Alan Lacy

While revenues continue to be soft, our focus on gross margin, inventory levels and operating expenses is driving substantial profit improvement. - Alan Lacy

While revenues are lower, we continue to be pleased with the progress we are making on our repositioning and restructuring initiatives... In particular, our focus on gross margins and productivity improvements continue to contribute to improved profitability. - Alan Lacy

We're acquiring a great brand, [and] introducing it into our stores will attract new shoppers...who will connect with our apparel departments better than they would have in the past. - Alan Lacy

We'll emphasize better classic apparel while highlighting our strong appliance, electronics and home improvement merchandise. - Alan Lacy

We recognize that we really don't make enough money in our retail business... If you look just at our retail segment we're not happy with our retail performance here. - Alan Lacy

We probably are going to become a little bit less of a department store, with less emphasis on apparel... I think the exit from cosmetics is an example of this. We are very much in the process of reworking our business model and how we go to market and how we spend money. - Alan Lacy

We knew that this would be our toughest quarter as we reached the height of our reposition efforts... This is a difficult environment with the possibility of war with Iraq and the West coast port lockout challenges we face in the critical holiday season. - Alan Lacy

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