Yeah, tell Boston Market about that or Burger Chef.
The big boys are the big boys because they are, over all, well run. And they always feel the hot breath of their competition on their heels.
No, Harmless Teddy Bear, I disagree.
I think you see plenty of mediocre fast food chains all over the place. I won’t name them, out of kindness, but there are plenty that survive. Not saying they thrive as well as the McDonalds and Burger Kings and Wendy’...
My thesis is just that in department store retail, the analysts expect imperfect ones to fail... whereas in any other industry, the analysts expect imperfect ones to struggle on, they just warn against investing in them.
I think our nation has given up on department stores, and we shouldn’t, because they represent so much that is important to the American way of life.