The lesson here is clear the department store business model no longer works in America. Investors should stay away from this sector, far, far away if they want to make money. The Bon-Ton Stores’ present reality is the future for brands like Macy’s; and JC Penney’s, unless they can change radically.Read more
It looks as if Sears is close to death and a chapter in American retail history is about to end. We are now living in the age of Amazon and many brick and mortar retailers are doomed.Read more
We might be witnessing the end of traditional department stores at Macys’ (NYSE: M). Service and employees are being cut in stores as the iconic retailer implements a no-frill shopping model more akin to Walmart than a traditional department store.Read more
Sell AutoNation now because this stock has no place to go but down. Expect AutoNation to struggle with falling sales, declining income and collapsing stock prices for the foreseeable future.Read more
Sears Holdings’ (NASDAQ: SHLD) CEO Eddie Lampert is justifying suspicions that he is crazy. His newest turnaround strategy of blamingRead more
The decline has been fueled by growing hysteria about an impending fall in auto sales on Wall Street. Investors might also be unhappy about the company’s new focus on used car sales just as analysts are predicting a major drop in used car prices.Read more
Owning and operating goldmines might not be a very good way to make money these days. Miners like Goldcorp (NYSE:Read more
My take is that American Express is not a good long term investment because its business is not sustainable. There is simply no way that it will be able to keep paying out 32¢ dividends.
American Express is overpriced and headed for a serious fall. Stay away from Amex shares unless you are looking for something to short.Read more
The biggest and most profound effect of the Baby Boomer generation might be to trigger the greatest real estate crash in American history.
Boomers are about to change America again, they’re going to completely distort the real estate market by getting older. The big beneficiaries of this will be Millennials and Generation Xers who will be paying a lot less for housing in a few years.
The thing that stands out most about Bed, Bath & Beyond are its’ revenues. They’ve actually been increasing in a very difficult retail environment. BBBY reported revenues of $12.1 billion in February 2016 that grew to $12.22 billion in February 2017. That’s an accomplishment in a market where similar brands like JC Penny (NYSE: JCP) and Target (NYSE: TGT) are struggling with falling revenues.Read more