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Cyclonic Bastard
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Alot of those dont offer anything for a niche market. Applebees offers food orderable anywhere, starbucks is just starbucks, Eddie Bauer has nice clothes but they are not a North Face or Patagonia. It is time to cull the fat from the market out there. American companies decided to become greedy and it bit them. Hate it for the people working for those companies.
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Flies, Lies, and Other Diversions |
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Great comments
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Knowhutimean, Vern?
Join Date: Oct 2008
First Name: Andy
Location: In a little town somewhere in the USA
Posts: 10,237
Trading: (4)
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Eff the World?
Not a bad philosophy to take toward some of these corporations.
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difetosso
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ding ding ding we have a winner
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I'm an outcast riding into town alone I got wanderlust branded deeper than the bone |
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Mr. Charisma
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"Better to let things bottom out naturally before regrouping. "*****'s plan will make it worse," he says. "We got into this by borrowing and stimulating, now he wants to borrow and stimulate more."" - from linked article above
I think these last sentences of the article are true, and that scares me. I deleted the name to keep off politics(you know what I mean), but regardless of whose plan it is, not sure it's the best. Failure happens for a reason, Govt throwing people's money at a private sector problem
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difetosso
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what kind of dog was it?
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I'm an outcast riding into town alone I got wanderlust branded deeper than the bone |
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Fell ROTT
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There is a lot working against retail - while the overall economy is #1, the ball actually started rolling when gasoline hit 4.00+ and diesel hit 5.00+/gal. That was a surprise for most and caused almost everyone to save in a panic.
Combine that with an ever-growing influence from major Web shops like Amazon (who dont have the brick-and-mortar costs and taxes), and retail is taking several punches. Amazon had their best Christmas ever - most other retailers hurt. I always wondered where all of these strip malls and crazy retail overbuilding came from - it was a bubble that is bursting with housing. Hopefully there will be some sort of moderation soon or there will be a LOT of empty storefronts. That said, I dont agree with most of that article. While I can see Sears Holdings hurting, some of the other retailers mentioned will be fine in the long run and many have positive cash flow. It was very speculative... |
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