Some of them continue to deny there is anything wrong. And they’re lying. It’s a shakeout of heroic consequence. The retailers who adjust and defend and protect their equity will come out of this in great shape.

—Mark Cohen, a professor at Columbia Business School, previously the head of Sears Canada

Once the vendors start to pull out, the ballgame is over.

—Lawrence Gottlieb, Cooley Godward Kronish.

If you’re a supplier, there’s no way you’re going to stop shipping to Sears because they’re so darn big.

—Stephen J. Hoch, the Wharton School

There are a lot of people out there who want to lump us in with Circuit City. We’re not a Circuit City.

—Mike Newman, CFO, Office Depot

::Retail: NYT::