LilBob

Retail Firms at Risk for Bankruptcy

Goodyear's retail operations should go the way of the dinosaur. Goodyear makes great tires but their service centers are lousy. They should focus on their core business and get out of retail completely.

Rite Aid should go out of business because-from what I've seen-they are not cost competitive. It appears the company expanded their real estate portfolio too rapidly and then had to try to make up the difference by jacking up their prices. You can frequently find the same or comparable products in other drug stores for 10 to 20% less.

Sprint Nextel is another one that should focus on their core business: telephone service, and stop hemorrhaging money on those little mall kiosks.

Macy's should have stayed in New York City. The existence of Macy's as a nationwide chain was based upon suburbanites who thought their endlessly appreciating homes would support a lifestyle of cheap chinese crap with stick on designer logos.

I'll leave my comments at those four. This is pure market evolution. Unless those four companies can come up with some damn fine restructuring plans, the marketplace is better off without them. Just because something exists right now doesn't mean it should always exist.