bradfordwhite
Well-known member
Just drove passed the store today. It still has the "open until 8PM" sign in front. There really aren't many cars in the lot. I'll probably stop in there again soon to see when they are going to finalize things.
---
The reason there is so much churning of our retailers, restaurants, and other "open to the public" businesses is because of the tax code and Wall street derivatives.
There is so much money to be made in setting up new buildings, opening new locations, seeing them be a successfully opened location, operating for awhile, then tearing it out, selling it in pieces, taking depreciation, divestitures, bankruptcies, mergers, refinancing, stock splits, and yes going out of business....and starting all over again.
Sure, a business can just sit there and operate in the black each year, and that's nice and stable.... but look at all the hoopla and commissions there are to be made in the previous paragraph. It's not my opinion, that's just the way it's gone.
---
The reason there is so much churning of our retailers, restaurants, and other "open to the public" businesses is because of the tax code and Wall street derivatives.
There is so much money to be made in setting up new buildings, opening new locations, seeing them be a successfully opened location, operating for awhile, then tearing it out, selling it in pieces, taking depreciation, divestitures, bankruptcies, mergers, refinancing, stock splits, and yes going out of business....and starting all over again.
Sure, a business can just sit there and operate in the black each year, and that's nice and stable.... but look at all the hoopla and commissions there are to be made in the previous paragraph. It's not my opinion, that's just the way it's gone.
