Word: unloadings
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...wonder that so many skeptics think Lampert's latest gambit is more about real estate than retail, part of a long-term liquidation plan to unload billions of dollars' worth of property, as well as perhaps some valuable brands, to the highest bidders. But it's a notion that the notoriously reticent Lampert took pains to reject last week. While acknowledging that some underperforming stores would continue to be disposed of, he told investors, "I don't think any retailer should aspire to have its real estate be worth more than its operating business...
...have one when the trade takes place, they have to pay it off), and because the values of the two properties are not equal, John will gift the difference, using up to $1 million of his lifetime gift exemption. "Whether you sell or gift," says Sestina, "you want to unload this appreciable asset from your estate before you die to reduce your estate taxes." Before trying a similar move, remember that taxes are tricky: an estate tax attorney is probably necessary to keep it all straight...
...there were Italian videos too, and “MTV On The Beach” beauties Andreola and Francesca would unload on us a daily bevy of videos whose lyrics we couldn’t understand...
...election how he would respond to a challenge from Saddam, Bush replied, "I've learned one thing--I'd jump on him. If we launched strikes and they're halfway to the targets, we wouldn't turn them back. I assure you that. If they're launched, they will unload unless [Saddam] backs down. I won't turn them back based on some focus groups...
...fledgling business was born in her Brooklyn loft, and by the time Vogue ran a short piece on her venture, Ripley was already receiving phone calls from designer houses eager to unload their wares. In early 2003, after moving to Atlanta with her Georgia-born husband, Ripley opened Luxe, a 5,000-sq.-ft. store in the Buckhead section's posh Miami Circle design district...