Monday, February 9, 2015

A Correspondent Visits Sears and Radio Shack at the Mall of America

This is the same correspondent who visited last May:

Sears has cleaned up its act, at least on its upper two floors that I saw. The lights are much, much brighter. There were a dozen or more customers on each floor. The disorderly heaps of blue-denim that looked like prison uniforms are gone, replaced by neatly sorted, bright-colored clothing.

Radio Shack had only two items of merchandise that were even remotely interesting: three or four soldering irons and a small display of flashlights. I was tempted to buy a set of four flashlights for $9.99. But noticed, just in time, that their brightnesses were only 20 to 30 lumens, compared with 150 lumens for key chain flashlight sold elsewhere. There were normal flashlights, but they were priced the same as similar flashlights at Amazon.

4 comments:

Anonymous said...

Any idea for the pop in RSHCQ stock?

Anonymous said...

Someone buying to form an equity committee?

Anonymous said...

Why on earth would you think that? This is typical daytrader nonsense. Look at what happened with DNDNQ:
http://stockcharts.com/h-sc/ui?s=DNDNQ&p=D&yr=1&mn=0&dy=0&id=p99002941411

Anonymous said...

Looking like at least 4 months for equity to be declared worthless?