Printer Friendly

We told you so.

We Told You So

After flat denials that Dillard Department Stores Inc. was purchasing an eighth Florida store at Lakeland from Baton Rouge-based Maison Blanche, eight (count |em -- eight) stores smoothly changed hands last week.

A few weeks ago, Maison Blanche's Mary Sternberg told us that an agreement for the sale of an eighth store had been reached but nothing had been signed yet.

In later conversations with the Arkansas Democrat and The Greater Baton Rouge Business Report, she denied even having spoken to us.

She all but called us liars!

Did she fear the wrath of Dillard's?

Had she spilled the beans in talking with one of our skilled "Whispers" correspondents?

Should we call her Wendy instead of Mary?

This time around, Sternberg had someone else return our call. She obviously didn't trust herself.

Wayne Hussey, senior vice president of operations and store planning, says the Lakeland store "became part of the deal two weeks before closing."

Hussey claims he didn't know what the total package price for the eight stores was. The seven-store package was to be a $68-million deal.

Anyway, we told you so.
COPYRIGHT 1991 Journal Publishing, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1991 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:Whispers; Dillard Department Stores Inc.'s denial of purchasing another store in Florida
Publication:Arkansas Business
Date:Aug 12, 1991
Previous Article:Gouging.
Next Article:Welcome back, George.

Related Articles
Time to buy.
A new Dillard's buy?
One more time.
Dillard Department Stores Inc.
Dillard and Mr. D: William Dillard, Edward DeBartolo mix friendship with business.
David-and-Goliath dispute.
Dillard's defies past to buy Mercantile.
Arkansas' biggest retailers should continue growth.
Arkansas' biggest retailers should continue growth.
Investors bet on Dillard's sale: But analysts confident family will hold on following founder's death.

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters