Winnipeg Free Press

Winnipeg Free Press (Newspaper) - June 2, 2000, Winnipeg, Manitoba B6 business Winnipeg free june 2000 state expectations continued from Page b5 of f they gave you this Good advice before the Stock had peaked in Price and you missed out on some you were tempted to fire your right i cant Tell you the number of people who came to me wanting to change investment advisers for this i think the advisers were doing what was right and what was the fact that we As investors punish them after the fact because we missed out on some potential profits is no one except a vegetable Farmer can accurately guess the Peak of a especially when that Market is suffering from irrational exp whenever you hire a professional you have to be willing to be Clear with that per son on your goals and object your expectations and your the preceding article is provided As an introduction to this topic and should not in any Way be construed As a replacement for proper professional David Christiansen is a principal and senior adviser with Macdon Shymko in Winnipeg his column appears Demail at North West looks for retail alliances strategy Aims to strengthen product mix by Murray Mcneill use your Jem fee plus 11 free i i i i win a sensational summer fun package Worth Over including deluxe Barbecue Patio set his hers Mountain bikes his hers Golf clubs question this the International peace Garden theme is you could win 1 of 50 special prizes of a round of Golf at of no Purchase Only original entry forms or hand drawn facsimiles will be Complete contest rules available at the Winnipeg free press or at contest closing Date june the free press its Worth knowing find the answer to today trivia question in your destination Manitoba Complete the entry form mail or hand deliver your completed entry forms to any of the addresses listed Holly i destination Manitoba trivia contort the Winnipeg free Pratt Box my r3c 3r4 hand deliver to Winnipeg free pram 1355 Mountain of the Lawn Garden area of any Sears location aimed Polo Puk 1515 Portage Garden 2311 Mcphall Lufi Kildonan i 1555 vital Centre 1225 marys Road Sears furniture it appliance store 1450 Ellice Avenue the North West company wants to join forces with other retailers and distributors to bring a greater variety of products and services to its customers in the Canadian North and instead of trying to provide additional products and services on its the Winnipeg based firm wants to strike More alliances with other retailers and distributors who already produce those the company chief executive officer said yester for instead of investing time and Money in developing new financial service products for its the company would rather form an Alliance with an existing financial services firm that already has the products and the technology needed to deliver Edward Kennedy explained in an interview following North wests annual shareholders meeting in North West would save Money by not having to produce the services he and the Finan Cial services firm would gain Access to new markets that would be too Small for them to pursue on their so we can bring the Best of the South to the North and bring the customers from the North to the he Kennedy said North West officials have already begun negotiations with a number of potential part but he refused to identify them until deals Are he added that he Hopes to have some deals finalized within the next six Kennedy told the shareholders meeting the creation of new alliances with other retailers and distributors is part of the company ongoing efforts to achieve a stronger product mix and greater economies of scale for its store As the company will continue with its efforts to expand store sales and to provide products and services that Are Best suited to the needs of its for in the past the company has renovated 48 of its 144 Canadian stores to create additional Selling space for food and general Mer Chandise products items that Are in High demand from its he Kennedy said the company plans to renovate or re profile All of its Canadian sixty More Are slated to be done this year and the remainder Early next he said the re profiling strategy has already begun to pay with food sales in its Canadian stores up per cent in the first three months of this year compared to a drop of per cent in sales of general merchandise didst fare As they dropped per cent for the Quad mainly because of difficulties with the Quantity and timing of merchandise shipments to More Remote Kennedy on a company wide consolidated revenues were up three per cent to million in the first but consolidated earnings were Down million to company officials blamed the drop in earnings on a combination of increased operating expenses within its Alaska division and lower profit margins within its Canadian Kennedy said North West int moving into uncharted Waters with its plan to form strategic alliances with specialized retailers and he said the firm already has a similar arrangement with a Winnipeg jewelry manufacturer and distributor who supplies All of the jewelry for its retail and catalogue customers on a custom order As the company has pizza hut and Ken Tucky Fried Chicken outlets in about 40 of its he what its looking at now is trying to strike deals to get fast food outlets in All of its he units in the North West company fund Trade on the Toronto and Winnipeg Stock the units closed yesterday at Down 10 cents from wednesdays closing i i i i judge Grants More time in Microsoft Case Washington in a Surprise the judge in the Microsoft antitrust Case yesterday granted a Justice department request for More time to explore possible areas of agreement on secondary but the government would continue its drive to break up the Lead Justice department attorney David Boies sought the delay in a conference Call with District judge Thomas Penfield Jackson and attorneys for prompting Jackson to allow additional court filings by the government by Microsoft has until wednesday to and from a Quick some number of those issues raised by Microsoft seem to make some sense to and we would like the Opportunity to go through those in detail and to give the court our View on Boies said in a transcript of the Tele phone Boies said he would try to advise the court of our agreement and Why we agree to and with respect to the Points that we disagree try very briefly just to indicate the reasons we Microsoft Lead attorney John Warden raised no objections to the additional associated press the most reliable support in with All your business needs Are backed up with an incomparable level of support and from Long distance and to High Speed Telephone equipment and data we have technicians province wide to ensure your business never misses a to speak to a someone who knows what there talking Call your its sales representative or 2255687 a allots Tollfree its business All your in one ;