Sears 2014 Annual Report Download - page 61
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61
transaction, and the impact of the evaluation and/or completion of any such transaction on our other businesses; our
extensive reliance on computer systems, including legacy systems, to implement our integrated retail strategy,
process transactions, summarize results, maintain customer, member, associate and Company data, and otherwise
manage our business, which may be subject to disruptions or security breaches; the impact of seasonal buying
patterns, including seasonal fluctuations due to weather conditions, which are difficult to forecast with certainty; our
dependence on sources outside the United States for significant amounts of our merchandise; our reliance on third
parties to provide us with services in connection with the administration of certain aspects of our business and the
transfer of significant internal historical knowledge to such parties; impairment charges for goodwill and intangible
assets or fixed-asset impairment for long-lived assets; our ability to attract, motivate and retain key executives and
other associates; our ability to protect or preserve the image of our brands; the outcome of pending and/or future
legal proceedings, including product liability, patent infringement and qui tam claims and proceedings with respect
to which the parties have reached a preliminary settlement; and the timing and amount of required pension plan
funding.
Certain of these and other factors are discussed in more detail in Part I, Item 1A of this Annual Report on
Form 10-K. While we believe that our forecasts and assumptions are reasonable, we caution that actual results may
differ materially. We intend the forward-looking statements to speak only as of the time made and do not undertake
to update or revise them as more information becomes available, except as required by law.