Jim Sluzewski Stores Quotations

Any successful mall needs good anchors and good stores between the anchors. We feel very good about the future of that mall.

When people say to me, 'Why aren't people shopping in department stores anymore?' I tell them our sales this year will be $27 billion, which is a lot of shopping in department stores.

We looked at locations mall by mall and market by market and determined which of the two stores would best be able to meet our goals.

Customers behave a little differently online than in the stores. Shopping in stores is a full sensory experience. So if you're testing something for stores, you'd want to test it in the in-store environment.

We're obviously glad the transit workers are going back to work and that the transit system will be back to normal soon. We're looking forward to welcoming customers into stores as they finish their holiday shopping.

We are working with the employees and will offer jobs within the store or in our other stores in northeast Ohio to as many people as possible.

If there are opportunities at other Macy's stores in the area, we will attempt to place them in other positions.

We understand the emotions. Field's is a great name and a great tradition and it was a hard decision for us to make. But the truth is, Field's business has not been good and we think we have a chance to revitalize those stores as Macy's.

We're swapping 12 stores for 12 stores. We'd identified 13 of the 15 for divestiture. This was the best deal for the properties.

Federated will be converting the stores in fall 2006.