Any BM-heavy retailer. Gone will be the days when you can have two Nordstrom's within a mile of each other. In the future, there is going to be a rump presence of a single location in each metro area to handle returns, etc., and handle buyers with the idle time to do old fashioned shopping. Some boutique locations might survive for the high end, but shopping in person will be a luxury in the future. With the massive labor/land/energy costs of running multiple BM locations, there is no way you can compete with retailers running on the Amazon/Zappo's model for long.
I'm with alex...women don't shop online because they don't want to, or don't know how to. They don't shop online because they would rather leave there place of residence no matter the weather.. and go to the store and try shit on and babble and gossip and wish they had money to afford whatever it is they are looking at. If they do have the money they will buy it whether they need it or not. Women shopping could easily be equated to the shopping habits of people who live in the hood who must have the newest piece of clothing they saw on tv...
The answer to your question is 1) network 2) get involved 3) beef up your resume 4) repeat -happypantsmcgee
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I'm with alex...women don't shop online because they don't want to, or don't know how to. They don't shop online because they would rather leave there place of residence no matter the weather.. and go to the store and try shit on and babble and gossip and wish they had money to afford whatever it is they are looking at. If they do have the money they will buy it whether they need it or not. Women shopping could easily be equated to the shopping habits of people who live in the hood who must have the newest piece of clothing they saw on tv...
Haha, I was having precisely this debate with my GF last week -- I floated my "death knell of BMs theory" and she was not buying it because she believes in the power of the recreational shopper.
Teens and women will always be drawn to idling time in malls, but the big question is: where will they be making the actual purchases in the future? Chintzy as it sounds, people basically go into shoe stores now to try on, but make the purchases on their cell phones. Same with electronics, and any other homogeneous good. The BMs will always cater to the instant gratification crowd, and the sui generis kinds of products -- no doubt. But thanks to Netflix and Zappos, I think there is a new ground between instant gratification and waiting 5-8 days -- they can get you your stuff a little slower, and a lot cheaper and considering the American consumer is going to remain crippled for a good long while, the BMs, which necessarily sell at a premium to cover their overhead, are going to get crushed.
The quote that "the market can remain irrational longer than you can remain solvent" is appropriate here.
Personally, I think the amount of time it will take for you to realize significant gains on that position translates into a lot of smarter investment options out there.
"The power of accurate observation is commonly called cynicism by those who have not got it." - George Bernard Shaw
WSJ did an article on kindle book sharing a couple weeks back you guys should check it ou, IMO it is only a matter of time where digital books go the way of online music, meaning no one will pay for it.
hmm isn't bill ackman long B&N? he's a smart guy, i'd think about it twice before shorting the bookstore.
anyway b&n has some kind of kindle ebook reader.
anyway you have to dig deeper before you invest some $ unless it's on the very short term ...
Tip for free...short carnival cruises. Leave B&N alone, it will have an inevitable short squeeze soon and then maybe you could initiate your highly uneducated position.
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What's the short interest? Isn't this a crowded short?
I would much rather read off paper than a screen.
Any BM-heavy retailer. Gone will be the days when you can have two Nordstrom's within a mile of each other. In the future, there is going to be a rump presence of a single location in each metro area to handle returns, etc., and handle buyers with the idle time to do old fashioned shopping. Some boutique locations might survive for the high end, but shopping in person will be a luxury in the future. With the massive labor/land/energy costs of running multiple BM locations, there is no way you can compete with retailers running on the Amazon/Zappo's model for long.
^^^You do realize that for women shopping is like their main hobby? Some BM will go away, but most will stay.
I'm with alex...women don't shop online because they don't want to, or don't know how to. They don't shop online because they would rather leave there place of residence no matter the weather.. and go to the store and try shit on and babble and gossip and wish they had money to afford whatever it is they are looking at. If they do have the money they will buy it whether they need it or not. Women shopping could easily be equated to the shopping habits of people who live in the hood who must have the newest piece of clothing they saw on tv...
Haha, I was having precisely this debate with my GF last week -- I floated my "death knell of BMs theory" and she was not buying it because she believes in the power of the recreational shopper.
Teens and women will always be drawn to idling time in malls, but the big question is: where will they be making the actual purchases in the future? Chintzy as it sounds, people basically go into shoe stores now to try on, but make the purchases on their cell phones. Same with electronics, and any other homogeneous good. The BMs will always cater to the instant gratification crowd, and the sui generis kinds of products -- no doubt. But thanks to Netflix and Zappos, I think there is a new ground between instant gratification and waiting 5-8 days -- they can get you your stuff a little slower, and a lot cheaper and considering the American consumer is going to remain crippled for a good long while, the BMs, which necessarily sell at a premium to cover their overhead, are going to get crushed.
The quote that "the market can remain irrational longer than you can remain solvent" is appropriate here.
Personally, I think the amount of time it will take for you to realize significant gains on that position translates into a lot of smarter investment options out there.
lol....hell id be LONG brick and mortar and SHORT Amazon if anything. Amazon is loosing affiliates left and right due to tax implications.
WSJ did an article on kindle book sharing a couple weeks back you guys should check it ou, IMO it is only a matter of time where digital books go the way of online music, meaning no one will pay for it.
hmm isn't bill ackman long B&N? he's a smart guy, i'd think about it twice before shorting the bookstore. anyway b&n has some kind of kindle ebook reader. anyway you have to dig deeper before you invest some $ unless it's on the very short term ...
Tip for free...short carnival cruises. Leave B&N alone, it will have an inevitable short squeeze soon and then maybe you could initiate your highly uneducated position.
people have been shorting cruise lines since the 90s
Et error quam et cupiditate non. Aliquam qui aspernatur quidem quia et expedita cupiditate. Qui dolorem et et nulla. Blanditiis dignissimos voluptatem eos rerum. Cumque ad aut omnis nostrum.
Et quaerat tempora sint est. Illum blanditiis et laudantium quaerat impedit iure a sit. Accusamus omnis id aut. Alias expedita sed deleniti esse.
Impedit voluptatem debitis nobis qui. Recusandae omnis dolorum eaque accusamus incidunt. Ducimus et voluptates accusantium voluptatem amet natus suscipit. Sed in esse reprehenderit quisquam facere. Omnis itaque quisquam ipsa beatae ea illum. Dolore praesentium quia alias autem possimus. Sequi sunt adipisci ullam magni.
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