Brad Martin Store Quotations

Over the last several months, we have thoroughly weighed strategic alternatives for our Northern Department Store Group,

We believe the next appropriate step in this process is to explore strategic alternatives for our Parisian specialty department store business, which could include its sale. We believe there is a very bright future for this unique franchise, and that meaningful opportunity exists for continued revenue growth and substantial operating income improvement.

Our comparable store sales results for the quarter exceeded those of our traditional and luxury department store peers, ... This performance reflects implementation of our customer-focused strategies.