Eddie Lampert


Last quote by Eddie Lampert

We will not simply roll over and be taken advantage of – we will do what's right to protect the interests of our company and the millions of stakeholders we serve.feedback
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Oct 24 2017
This page is completely dedicated to what Eddie Lampert has to say. All of Eddie Lampert’s quotes are organized here by date and topic. The most recent quote attributed to Eddie Lampert came from an article called Top Sears investor to step down from department store's board: “On behalf of the board of directors and management, I want to thank Bruce for his long-term commitment and investment in Sears Holdings. His leadership, guidance and counsel as a board member have been invaluable to our company.”.
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Eddie Lampert quotes

May 15 2017

There have been examples of parties we do business with trying to take advantage of negative rumors about Sears to make themselves a better deal – a deal that is unilaterally in their interest. If we allowed One World to break their agreement, it would effectively reduce the flow of products they are required to deliver to Sears, harming our ability to sell tools, supply parts, and provide goods to Sears' members and customers. We won't allow that to happen.feedback

May 10 2017

We're fighting like hell, .feedback

May 10 2017

The challenge for us internally ... is to be able to demonstrate to the world that what [Sears has] built is something that can stand up against the best competition that's out there. I feel like we're ahead of J.C. Penney, we're ahead of Macy's, we're ahead of Target, in some aspects of where the world is going. Clearly we have our challenges. Every time people use the word bankruptcy, somebody who reads that doesn't get past that word. It makes it very unfair for us, and it's a very uneven playing field for us.feedback

Mar 23 2017

I firmly believe we will succeed in becoming a new kind of retailer as we provide real value to members with value offerings, personalized services and easy access to the brands, convenience and value they want, whenever and wherever they want.feedback

Jan 05 2017

The decision to close stores is a difficult but necessary step as we take actions to strengthen the company's operations and fund its transformation.feedback

Jan 05 2017

We are taking strong, decisive actions today to stabilize the company and improve our financial flexibility in what remains a challenging retail environment. We are committed to improving short-term operating performance in order to achieve our long-term transformation.feedback

Jan 05 2017

Going forward, Sears will be more focused on our Shop Your Way membership platform, a network with tens of millions of active members, and our Integrated Retail strategy in order to be a more nimble, innovative and relevant retailer that is better able to provide value and convenience to our customers. We are confident that concentrating on these key initiatives will lay the foundation for growth over the long-term.feedback

Dec 08 2016

We remain fully committed to restoring profitability to our company and are taking actions such as reducing unprofitable stores, reducing space in stores we continue to operate (including through the Seritage lease arrangement), reducing investments in underperforming categories and improving gross margin performance and managing expenses relative to sales in key categories.feedback

Oct 21 2016

I can tell you that there are no plans and there have never been any plans to close the Kmart format. In fact, we've been working hard to make Kmart a more fun, engaging place to shop, powered by our integrated retail innovations and Shop Your Way. To report or suggest otherwise is irresponsible and is likely intended to do harm to our company to the benefit of those who seek to gain advantage from posting these inaccurate reports.feedback

Oct 21 2016

Recent reports have suggested that Kmart will cease its operations.feedback

Feb 25 2016

We are now seeing more and more retail stores shut down and the tax base of many municipalities eroding due to the hollowing out of the sales tax base.feedback

Feb 25 2016

With stores that are marginally profitable or unprofitable, such additional cost burdens can be the straw that breaks the camel's back, causing stores to close and eliminate jobs.feedback

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