“Obviously (the same-stores sales) were much better than the trend in the previous part of the year.”
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“The positive surprise comes from the merchandising operations, which is encouraging.”
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“Its a bit of win-win situation for the two. The Bay is saying it will replace all of the previous earnings generated by the financial services over the 10-year alliance.”
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“By including a retail real-estate developer in a partnership to make an offer for HBC, a financial player would avail himself of the expertise to examine every property and store lease and determine alternative strategies for each piece of real estate before making an offer.”
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“These transformative issues are self-inflicted pain of a much greater magnitude than they anticipated. Thats a knock against management. They just took on so very, very much.”
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“Canadian Tire has been going from strength to strength.”
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“(They) can always say Wal-Mart came to town in 1994 and its been all downhill since, but they have had 12 years to figure out a way to do better, and it hasnt happened yet.”
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“Theres a decent chance that some will hold out for at least $19.”
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“Its 50-50 that theyll get anyone else at $18.”
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