OTCPK:HBAYF - Post by User
Comment by
inves20on Feb 02, 2017 4:26pm
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Post# 25791781
RE:hbc may acquire macy s what a good news
RE:hbc may acquire macy s what a good newsI hope not !
Hudson's Bay does not know how to retail.
Macy's has fantastic real sales prices and good quality stuff if you have their credit card and are a star rewards etc member.
Hudson's bay stores are ghost towns compared to Macy's stores traffic.
A better investment would be to just buy Ross stock and sit on it, because they know how to make profits and have no shoplifting losses due to the tight security .
Pick any Hudson's Bay and compare loss prevention security to Ross.
Ross has no loss.
If anything was going to happen it would be more likely that HBC would go after the bones of Sear, because they have no idea what they should be doing.
Did Sears ever blow it big time ! They had the mail order market tied up for 100 years and did not become an Amazon with the internet !..stupid management lack of vision. Dinosaur CEOs and BoDs