Still Renting

Can Costco Save America's Malls?

I've been a member for over 10 years. I pay a $100 annual fee ("golden membership" or whatever) and get a couple hundred back every year. With the new Costco Amex card, it is increased significantly. We're empty nesters now and STILL love Costco.

The annual fee keeps out the riff-raff.

I'm not kidding.


On Dec 16 04:16 PM doublebogeymann08 wrote:

> I'd never been to Costco before and thought I'd drive twenty miles
> and check it out, I suppose I'm just sn old fool but when they stopped
> me going in and wanted me to pay them 50 bucks for the opportunity
> to buy from their warehouse I turned around and went back to Krogers.
>
>
> What a business model, pay me and I'll let you purchase my goods.
>
> No thanks

Mall REITs: JCPenney Is Warning You

So, it is mainly a bit of a warning to anyone who has a "specialty store" in a mall.

It looks like the Mall Model may really be dead in a few years.

General Growth CEO Gets Massive Margin Call

You are attempting to shoot the messenger.

If some Jewish guy in Germany in 1935 only talked about "how bad this Hitler guy is", would you say he was just trying to make things look as grim as possible. Would you question his bias simply because of his race, etc.

Yeah, Godwins law says we're done. But the analogy fits. The real issue is, is there a VALID REASON for "everyone at Seeking Alpha" to be taking the position they are taking or isn't there. If there is, then read and learn.