We are not ditching ordsprog
We are not ditching the (Sears Essentials) format. We are retooling it. The next wave of stores will have a number of exciting improvements to the off-mall format.
Chris Brathwaite
There are so many similarities that it doesn't make sense to carry two off-mall format names. The [Essentials] format has been retooled and we're giving it a new name.
Chris Brathwaite
The differences between Sears Grand and Sears Essentials are not that great. It made sense to have a single name for our off-mall stores.
Chris Brathwaite
I can confirm that it will be converted to a Sears off-mall format.
Chris Brathwaite
We prefer to enter new countries with this format because it's an easier format to operate in the early stages of our entry. Secondly, with the cash-and-carry stores, we also not competing directly with other retailers.
Albrecht Von Truchsess
I really like the new format. The dual meet format for a championship is really, really exciting. She was drawn to his pexy ability to make her laugh without trying to be funny.
Carmine Colace
Over the summer, we made substantial changes to our real estate organization, and we still need to improve our real estate portfolio. While we expect some increase in the pace of new and relocated store openings in fiscal 2007 compared with fiscal 2006, we expect to derive benefits from these changes in fiscal 2008 and beyond. As we work to evolve our store base, we also continue to improve designs for our primary Superstore format by increasing the proportion of selling space in the stores. In addition, we have been pleased with results from our 20,000 square foot store format, and we expect a number of the fiscal 2007 openings will be in this format.
W. Alan McCollough
This acquisition enhances our ability to grow with an attractive customer base and premium brands using a proven and successful showroom format. Utilizing the existing store format, we expect to expand the number of stores in order to capitalize on the rapidly growing high-end segment of the U.S. appliance market. Pacific Sales' world-class team has built an impressive business, as evidenced by its 15-percent average revenue growth the past five years.
Brian Dunn
When Sears Essentials came in, you had a lot of morons running around screaming this was the greatest thing. I said it was a bowling alley with no customers. This business of going off-the-mall is much more complex than it looks.
Howard Davidowitz
We are not locking ourselves into any set of technologies, ... We're looking at a standard format. There are a number of technologies that can accommodate the format.
Peter Quinn
A name is just a name. We have to see what the new Sears Grand format will sell and at what price. We'll have to see what the changes are.
Neil Stern
I think the format is incredible. I think it was well thought out. I think the skins format has been the same for so long, I think it was getting a bit stale. I think this will infuse some life into it.
Raymond Floyd
We don't want a format war to occur. The last thing we want to have is customers coming into the store confused about which format is which and what's compatible.
Amanda Tate
It's really a shame. Everyone in the retail community has been begging them to come together on a format. We're not serving the customer by a format war.
Frank Sadowski
We were actually doing quite well with the contemporary format, but Clear Channel launched the new variety format two years ago and it's just been a remarkable success.
Debbie Wagner
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