Murrmurr
SF VIP
- Location
- Sacramento, California
Yes, massive retail is tough. It has to compete with similar stocks and trendy, newly-listed new-comers.You could always do what I do and not shop there. My only point is that retail, especially low-end retail, is a really tough, low-margin business. And as to your comment about profits, well, if you run a business and profits aren't robust, your shareholders get angry and your stock activity goes negative in a hurry. Look what happens every quarter to companies that fail to meet the earnings expectations set for them by Wall Street.
The upside is, if they open now, small businesses have an excellent chance at success. A huge amount of retail floor space is available and cheap and young people and families still like to go out to shop. Naturally, young new shop owners won't have the same level of success as Walmart and Apple, and I think that's a problem because, based on what they've seen and heard all their lives, young people sort of expect that level of success, or at least think it's very achievable.
