This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Death at Sears, Best Buy, JCP Hurts America

That's certainly not what Jeff Bezos set out to do at Amazon.com (AMZN - Get Report). The guy and his teams visioned and are accomplishing something special. Keep that point in mind because, contrary to what might spring intuitively, the brick and mortuary guys do not need another Jeff Bezos.

And two ... I say "to a lesser extent" on Target and Wal-Mart because both companies appear to have realized something others mentioned in these discussions missed. They recognized the need to not only downsize some stores (that's what BBY did on its first turnaround), but to urbanize things a little bit.

Wal-Mart put its neighborhood concept into action. And, while I'm not enamored with the results, Target continues to go relatively big on its slightly smaller, urban shopping street, City Target stores.

In my mind -- and, granted, I live in my own little world -- this was an admission by Wal-Mart and, more so, Target that maybe they were too suburban. Along similar lines, Starbucks (SBUX - Get Report) CEO Howard Schultz noted that his company needs to make newly-acquired Teavana more of an urban presence.

Must Read: Netflix Could Crash -- Hard -- Next Week

If you're going to build a new store or relocate an exisitng one, don't instinctively do it in or move it to a dying shopping mall or similar environment. Take it to where the action (and so much of the money) is -- the nation's liveliest urban shopping districts.

For better or worse, our urban (and suburban) built environments are all about shopping. About consumption. To have lively built environments and, in turn, a robust economy, we need a thriving retail sector. You're not going to have a thriving retail sector -- at least not in a new world run by companies such as Amazon and Apple (AAPL - Get Report) -- if you don't have a fresh and innovative retail sector.

Walk the streets of Manhattan or San Francisco, bustling neighborhoods throughout the Los Angeles area or head to smaller cities such as Portland, Oregon. Compare them to relatively beaten down places or even beaten down neighborhoods within otherwise healthy cities. It doesn't take much of a noodle to determine that the existence of appealing retail options -- from clothing to food and beverage and everything in between -- drives vibrancy and, hence, real worth texting home about success.

2 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
AAPL $121.30 0.00%
AMZN $536.15 0.00%
BBY $32.29 0.00%
JCP $8.24 0.00%
SHLD $21.55 0.00%

Markets

Chart of I:DJI
DOW 17,689.86 -56.12 -0.32%
S&P 500 2,103.84 -4.79 -0.23%
NASDAQ 5,128.2810 -0.5040 -0.01%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs