(They) can always say Wal-Mart came to town in 1994 and it's been all downhill since, but they have had 12 years to figure out a way to do better, and it hasn't happened yet.
David Brodie
Obviously (the same-stores sales) were much better than the trend in the previous part of the year.
sales part
The positive surprise comes from the merchandising operations, which is encouraging.
surprise encouraging positive
It's 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.
situation
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.
real offer partnership expertise property real-estate
These transformative issues are self-inflicted pain of a much greater magnitude than they anticipated. That's a knock against management. They just took on so very, very much.
management pain issues greater
Canadian Tire has been going from strength to strength.
strength canadian
There's a decent chance that some will hold out for at least 9.
chance
It's 50-50 that they'll get anyone else at 8.
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