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Down about 10% today. Hit a fresh 52-week low.
If I didn't know better, and I felt that department stores weren't a good investment in this modern age, and I didn't have complete faith in Eddie Lampert, and I wasn't totally optimistic about the future, and I wasn't being sarcastic, then I'd start to suspect that there might be a long-term pattern forming here.
Good thing that I'm none of those things! D'oh!
Pillars of retail department store strength, baby. That's what I'm talking about. Again.
Hotels: Occupancy Rate Increased 2.8% Year-over-year
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From STR: U.S. hotel results for week ending 13 April
Helped by the total solar eclipse, U.S. hotel performance increased from
the previous week, according...
11 hours ago
5 comments:
I have a position in Kohl's (KSS) as an exception. So far that position has been BOHICA. ;)
The BOHICA position can fletch a good price in a free market. Badum-ching. ;)
Sears shears shareholders by the sea shore.
Say that five times fast.
Speaking for retailers, Wet Seal's fate was sealed this week:
http://www.marketwatch.com/story/teen-retailer-wet-seal-closing-all-its-stores-2017-01-26
Mr Slippery,
Sallie Mae sell Sears' shell, buy the Macy's short?
Fate sealed with a kiss... of death. Sigh.
Not to be confused with the KISS of Beth, but Beth, what can they do?
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