Came across this on CNN today: http://money.cnn.com/2017/03/06/investing/retail-stress-great-recession-amazon/index.html?iid=EL
 

Quote

 

The number of distressed U.S. retailers has tripled since the Great Recession and now stands at the highest level since the end of the downturn, according to a recent Moody's Investors Service report. These companies are grappling with intense competition, "erratic management" and limited financial flexibility, Moody's said.

The 19 retail and clothing companies on the distressed list include Sears and Kmart owner Sears Holdings (SHLD), J. Crew, Payless, Claire's, Rue21 and True Religion.

<snip>

Recent weeks have provided new evidence of the struggles of traditional retail. Sears stock recently plunged to an all-time low, JCPenney (JCP) announced plans to shutter up to 140 stores, and Target (TGT) shocked Wall Street with terrible holiday sales.

<snip>

The other clothing companies on the distressed list are Gymboree, Nine West, NYDJ Apparel, Toms Shoes, David's Bridal and Totes. The other retailers are Fairway Market, Tops, Bon-Ton Stores, 99 Cents Only Stores, Savers thrift stores, Tucker Rocky and Charming Charlie.

 

Bold highlight is mine - You'd think perhaps if they had sold their Dimensions score for a few times higher, they could have paid off some debt?

26 minutes ago, Phil B said:

Target (TGT) shocked Wall Street with terrible holiday sales.

They did make a few moves that alienated some buyers last year

9 minutes ago, Darth_Raichu said:

They did make a few moves that alienated some buyers last year

Yep, like not building any stores within 2 hours of me.

It will be interesting to see what the retail landscape looks like 10 years from now. A LOT of these B&M businesses won't exist anymore.

What are your thoughts on Target?

 

4 minutes ago, thelovemachine said:

What are your thoughts on Target?

 

The employees already got the memo.

Just now, exciter1 said:

The employees already got the memo.
 

The shirt matches the eyes

40 minutes ago, exciter1 said:

The employees already got the memo.

If I'm reading this correctly... it'll go the way of the dinosaur?

 

Means it's making a comeback like JW 2?

This doesn't help B&M retailers either. Amazon gets subsidies for shipping. Don't they have enough money to pay their share?

https://www.wsj.com/articles/why-the-post-office-gives-amazon-special-delivery-1499987531

 

 

Any truth to the rumor that Amazon may buy Target?

2 minutes ago, exciter1 said:

Any truth to the rumor that Amazon may buy Target?

https://www.forbes.com/sites/richardkestenbaum/2018/01/03/no-amazon-isnt-buying-target-in-2018/#806c43134a19

8 hours ago, exciter1 said:

Any truth to the rumor that Amazon may buy Target?

I saw someone post this on facebook. "Amazon bought Target hurr durr." Then I searched news. EVERY result was "Amazon is NOT buying Target" or "Some Guy thinks Amazon may buy Target at some point."

7 minutes ago, minicoopers11 said:

I saw someone post this on facebook. "Amazon bought Target hurr durr." Then I searched news. EVERY result was "Amazon is NOT buying Target" or "Some Guy thinks Amazon may buy Target at some point."

I'm not sure why it's swirling through the rumor mills.

10 minutes ago, exciter1 said:

I'm not sure why it's swirling through the rumor mills.

Because some guy said it may happen. An influential analyst, as it were. Frankly, I wouldn't be surprised if Amazon attempts to. But I WOULD be surprised if DOJ allowed it.

Edit: Gene Munster. https://www.bloomberg.com/news/articles/2018-01-02/amazon-will-buy-target-this-year-loup-s-gene-munster-predicts

Edited January 4, 20188 yr by minicoopers11

51 minutes ago, minicoopers11 said:

But I WOULD be surprised if DOJ allowed it

I wouldn't; Walmart has 4,672 retail locations, Target has 1,828.