We understand the rescue workers were able to stay in contact with the workers. They knew at least they were conscious and stable.
A dollar that is spent on interest can't be spent on fixing the stores. They have to fix the business.
Canadian Tire is doing brilliantly. Their big new stores are great, and they are delivering fabulous sales and are well laid out.
It's going to be a competitive segment.
The company has done a good job with their big-box stores, but it's also a good example of a retailer that has done it both ways.
The amazing part is how disabled they are and how independent they are.
They really know what they want out of life, which is amazing considering the culture they came from, Boulder at that time.
The retail operations have to find a way to make money at some point, and if you've got a $1.7 billion in debt, then you've got to generate some pretty good cash flow to service that debt.
Sears Canada is selling a prime asset that historically has contributed significant earnings and has reduced the volatility of consolidated earnings.
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