Denver’s Casa Bonita Restaurant Explained
Casa Bonita has promoted itself as “The World’s Most Exciting Restaurant.” Accordingly, Casa Bonita has appeared on some lists of the nation’s top-ten road side attractions.
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Market Mad House
In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche
The Death Spiral
Why is Kohl’s (KSS) selling itself?
Kohl’s management is negotiating a sale to Franchise Group, CNN reports. CNN claims Franchise Group is offering $60 a share for Kohl’s. I think the deal shows how bad the department store business is. Franchise is offering $60 a share for a company with over 1,100 stores and $19 billion in annual sales.
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Foot Locker shows Mr. Market is insane
Thus, much of Foot Locker’s growth is playing catch up. I doubt the growth can continue if it returns to post pandemic levels. Remember, the Retail Apocalypse is still out there and the great plague known as Amazon (AMZN) is still on the march.
Can Exxon-Mobil still make money from oil?
The Exxon-Mobil Corporation (NYSE: XOM) makes money from oil, financial numbers show. For example, Exxon-Mobil reported quarterly revenues of $67.742 billion and a quarterly gross profit of $6.307 billion on 30 June 2021.
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Is PVH Corp making money?
My suspicion is the number one is the answer. The pandemic forced PVH (PVH) to dump department stores, which were closed, and sell online. Hence, coronavirus could have made PVH stronger and more profitable.
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Does the Retail Apocalypse Doom Ethan Allen?
Mr. Market is missing one of the biggest news stories of the century, the Retail Apocalypse. The price of many
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Airbnb loses Money
Thus, Airbnb shares are trading for less than the initial public offering (IPO) price. Mr. Market has lost his faith in Airbnb, possibly because of the recent COVID-19 spikes in countries such as Japan and India.
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Is Reddit Right About Discovery Inc.?
In theory, Discovery’s networks and apps can attract an enormous number of eyeballs. However, the value of those eyeballs is questionable.
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Is Dollar General’s Price Over-inflated?
Unfortunately, the reason Dollar General lacks competition in those places is that other retailers think they cannot make money in those places. In fact, Dollar General opens in places where Walmart (WMT) fears to go. Moreover, I have to wonder how many of the inflated Dollar General mortgagees are on stores in slums, or depressed small towns.
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Can Hilton survive the Pandemic?
Thus, Hilton is losing money as its revenues shrink. Mr. Market, however, has not noticed.
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