malach hamovess

Is Williams-Sonoma Going Downscale?

It's not just the $50 carrot-peeler; it's the really top-priced rents at the most upscale malls to sell what are essentially kitchen pots and pans and replacements for perfectly good coffee makers. It's a tough call for the next few years as to how many people will find love in a $269 le crousset pot when Target sells the equivalent for $49.

Eddie Lampert's ESL Holdings

Fast Eddie had one big hit - he scammed the bankruptcy court and raped the Kmart creditors.
Since then he's managed to plod along, accelerated the destruction of Sears, and otherwise accomplish nothing of merit.
All the while he's lionized for the one scam he pulled which had as much to do with running a hedge fund as with cheating at poker.