Quotes by Edward Lampert - Page 1

I want to be known as a great businessman.
Edward Lampert / Businessman
Businessman
Great Business
Want
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I'm not from a retail background, but I am a shopper.
Edward Lampert / Businessman
Retail
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The entrance strategy is actually more important than the exit strategy.
Edward Lampert / Businessman
Exit
Important
Strategy
More
Actually
Entrance
Exit Strategy
Than
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The pushback I get is, 'He's a hedge fund guy.' Full stop. Some places, that can be a badge of honor. In others, it's almost a term of derision.
Edward Lampert / Businessman
Derision
Fund
Honor
Term
Badge
Hedge
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If we put a product into Sears, we don't want to have to pull it out in a year, or two years, or three years. We don't want to do that only to have it yanked away.
Edward Lampert / Businessman
Three
Two
Years
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If you're unwilling to try new things and to fail and learn, you don't have a shot. That doesn't mean you are going to be successful, but you have to try to change.
Edward Lampert / Businessman
New Things
Unwilling
Fail
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I think a lot of times when people talk about merchants, it's almost a nostalgic look back at the time where the world moved at a very different pace, and information was very different.
Edward Lampert / Businessman
Merchants
Nostalgic
Pace
Time Look World
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To operate a company of the size of Sears Holdings or Wal-Mart or Target or Home Depot or Lowes, you need a combination of skills, and each of those skills needs to be sufficiently strong.
Edward Lampert / Businessman
Home
Skills
Strong
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To operate a company of the size of Sears Holdings or Wal-Mart or Target or Home Depot or Lowe's, you need a combination of skills, and each of those skills needs to be sufficiently strong.
Edward Lampert / Businessman
Combination
Size
Skills
Target
Home Depot
Operate
Sufficiently
Wal-Mart
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I was very clear why we put these companies together and what our goals were. It was really to allow both Sears and Kmart to compete in what I thought was going to be a more challenging but evolving industry.
Edward Lampert / Businessman
Compete
Evolving
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Trying to move the volume of products we're talking about from place to place to get it ultimately into the customer's hands, to price these items, to market these items, I think the retail business is incredibly complex. But if you get it right, it's a beautiful thing.
Edward Lampert / Businessman
Items
Products
Retail
Volume
Beautiful Thing
Complex
Customer
Price
Ultimately
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This idea of anticipation is key to investing and to business generally. You can't wait for an opportunity to become obvious. You have to think, "Here's what other people and companies have done under certain circumstances. Now, under these new circumstances, how is this management likely to behave?"
Edward Lampert / Businessman
Opportunity
Ideas
Thinking
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Edward Lampert Quotes - Page 1

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