pieomike

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    • Fri Nov 23rd 12:39 PM | Rating: 0 0
      Commented on:
      Sears Holdings: It's All About Brands, Not Stores
      I agree with your line of thinking. I remember looking at the Sears furniture section a while ago and Im not sure of the brand they carry but it is like the quality of furniture you would find at WMT. Having a specialty retailer like RSTO will help bring a lot of those catalog shoppers into the stores for convience. Dont have what you want? Order it at the store and have it delivered or pick it up at your local Sears. I think the store inside a store concept will work well and picking up more specialty brands is key. If you can get one person in the store for a certain type of specialty item, they will most likely browse the rest of the store and buy other things while they are there. Each brand brings a different demographic of buyer and exposes them to other brands they may not have went to Sears to buy in the first place.
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    • Tue Nov 20th 11:09 AM | Rating: 0 0
      Commented on:
      Sears Seeks To Acquire Restoration Hardware: This is Huge
      I would'nt be suprised to find out that one of Eddie's other investment arms has been buying shares as well. SHLD disclosed buying 5.3M shares but if you look at RSTO's volume from 11/8 through 11/15(posted below) someone else has been in the mix as well. On 11/8 alone there were 12.3M shares traded (average volume is only 545,000). It will be interesting to see how this plays out.

      Date Open High Low Close Volume Adj Close*
      19-Nov-07 6.43 6.45 6.30 6.33 378,300 6.33
      16-Nov-07 6.39 6.50 6.38 6.50 989,000 6.50
      15-Nov-07 6.44 6.48 6.25 6.38 1,414,300 6.38
      14-Nov-07 6.50 6.53 6.44 6.50 749,900 6.50
      13-Nov-07 6.49 6.54 6.45 6.52 826,700 6.52
      12-Nov-07 6.40 6.52 6.39 6.49 4,983,600 6.49
      9-Nov-07 6.38 6.50 6.38 6.50 2,713,000 6.50
      8-Nov-07 6.06 6.54 6.01 6.44 12,294,600 6.44
      View article »
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