The 10,000 Post thread V3

[Larks2242 251]

5941.

Who has an aunt Sally?

[Chptrk 86]

5942.

I don't have an aunt Sally but I do have a cousin Allie.

[NMUSpidey 3,956]

5943

I, too, have a cousin Allie.  She spells it differently, however.

[Larks2242 251]

5944.

Chippy!!! Welcome back!

[Duke87 1,070]

(5945)

They're filming some scenes for the show Elementary in my neighborhood today.

[NMUSpidey 3,956]

5946

 

I get the feeling they're constantly filming stuff in New York.  It was the same when I lived near Tokyo.  Any time we went into the city we saw film crews hard at work.

[Chptrk 86]

5947.

Hehe, witch hats.

[Larks2242 251]

5948.

 

Oh hey chppy! Hat fits perfect.

[NMUSpidey 3,956]

5949

 

My daughter wore antennae yesterday.  But my niece had a witch hat!

[philforhockey51 4,211]

5950

Glad to see this didn't totally die

[Larks2242 251]

5951.

Some of us are trying hard to keep it alive.

[Duke87 1,070]

(5952)

But is it a brother? Or is it a mother?

[Prophet42 1,501]

(5953)

It could be neither.  Most likely it is someone else.

[Larks2242 251]

5954.

Goodbye Sears/Kmart, It was fun but life goes on.

[NMUSpidey 3,956]

5955

 

They have a store called Shopko up here.  Same idea as Sears/Kmart, and they're about a week away from declaring bankruptcy.

[Duke87 1,070]

(5956)

I observed back in December that St. Thomas still had two K-Marts and they were doing good business as they were the only general big box stores on the island (Target, WalMart, etc. have no presence there). Will definitely leave a void in the market should they close.

[Larks2242 251]

On 1/9/2019 at 8:10 PM, NMUSpidey said:

5955

 

They have a store called Shopko up here.  Same idea as Sears/Kmart, and they're about a week away from declaring bankruptcy.

5957.

Shopko over expanded, they were stronger in their key market of Wisconsin with their shopko hometown stores but once they started selling off their pharmacies to Hy-Vee that was the beginning of waving the white flag. Unlike Gymboree however the child clothes store now shuttering all 900 stores, Shopko may have little life but it would require them getting out of sun capitals leveraged buyout which has eroded their ability to be profitable anyway.  

 

46 minutes ago, Duke87 said:

(5956)

I observed back in December that St. Thomas still had two K-Marts and they were doing good business as they were the only general big box stores on the island (Target, WalMart, etc. have no presence there). Will definitely leave a void in the market should they close.

The Virgin Islands have 4 Kmarts, 19 on Puerto Rico and 1 in Guam which is their best performing store, As a shareholder of SHLD I might be able to shed some light on this, Although not finalized in White Plains court yet 425 go forward store being 202 of those operating under the Kmart banner will continue provided Judge Drain signs off on the plan on Feb 1st.

Seritage (Full disclosure also shareholder) being a spinoff and real estate arm of Sears who buys kmart leases and kills them to add a higher paying tenant owns 110 of those locations in their holdings.

I expect Kmart to survive because while the chain as a whole is worth more dead than alive, (It is a discount retailer in a cutthroat market using limited checkouts and cash registers from 1988) There are several locations that are vital to Sears profits (which is still the 3rd largest occupancy in malls across America behinds Macy's beleaguered JCPenney and ahead of Dillards and Belk in square footage) Simon malls, one of the largest of such mall owners among others would take a hit trying to fill them, Loose the anchor allows others power to negotiate or get out of their leases due to less mal traffic which makes dead malls like the Sandburg mall in Galesburg. I'm sure we all remember Bonton, Carson's Herberger's Younkers ect. Anyway back to Kmart minor locations are super profitable, mentioned Guam, territories where shipping is not cheap (Amazon, Walmart) But also locations other chains don't exist still, Kmart in Big Bear lake is the only game in town, Kmart in Jackson Wyoming and others, Did you know they have two large locations in Manhattan? But best of all is the hilarious zoning failure in the 1970s in the heart of Minneapolis that cause the main road Nicollet Avenue to have to break in two causing a logistical and transportation nightmare forcing traffic around the kmart, The town then spent years trying to acquire the land back to no avail still one of their top performing locations and a prime spot too.

 

Anyways, Eddie made a strictly a play for valuable land here, I bought up a bunch of warrants and am now well positioned to sit and wait for the long game to see what happens now.  

[NMUSpidey 3,956]

5958

 

I can't imagine that Shopko would just close down some of their stores up here, there are a handful that are in towns that have literally nothing else.  They still haven't declared bankruptcy yet.

[Duke87 1,070]

(5959)

Oh hey it's been exactly two months since the last post in this thread.

[Larks2242 251]

On 3/22/2019 at 12:18 AM, Duke87 said:

 

Oh hey it's been exactly two months since the last post in this thread.

Well when there is a two post rule and only 2 active posters, It is not possible to achieve movement.

On 1/22/2019 at 8:04 PM, NMUSpidey said:

I can't imagine that Shopko would just close down some of their stores up here, there are a handful that are in towns that have literally nothing else.  They still haven't declared bankruptcy yet.

And now they are closing every single store.

 

5960.

[NMUSpidey 3,956]

5961

 

I just got a great deal on a tool pack from Shopko today.  I never buy tools, so it was a good thing they have their closing down sale for me.  I wonder what some of the lonely towns they supply are going to do...

[raynev1 1,886]

5962

      Close out sales are always the best , bummer usually is no returns and no refunds . Though manufacturer's warranty should still be valid . 

[Larks2242 251]

5963.

Only when you go towards the end, Some of the liquidators Hilco and Great American retail group who run closeouts on big named companies will follow standard business protocol by driving up prices to MSRP or even beyond, making the products more costly than everyday price. Best to visit a liquidating store in the final weeks. I'd suggest waiting till it says 60% off, that is when you begin paying less than inflated prices and the inventory is not completely picked over yet. 

[NMUSpidey 3,956]

5964

 

A lot of people in town are saying the same thing, like a lot of the items "on sale" now are still more expensive that they are on Amazon.

[Duke87 1,070]

(5965)

There is a running joke that Best Buy is the place where people go to try out electronics in person before ordering them from Amazon for less money.

I have definitely done this myself at least once.

[Larks2242 251]

5966.

They are aware of this, That is why they changed their logo to a toe tag.

[NMUSpidey 3,956]

5967

 

I've been to the Best Buy in town here twice.

[Muck308 55]

5968

I haven't been in a Best Buy in years. Come to think of it, I haven't been on ST in a couple years either. Ooooh, look at these fancy Trixies

[Duke87 1,070]

(5969)

They takes on different shapes

[Craig-Abcvs 1,595]

5970

Hey Duke...  now there's a blast from the past.