I’m really impressed as usual with Bill Ackman’s investment thesis with JC Penney (JCP).  While there are few businesses I despise more than retail merchandising, the combination of real estate and cost savings leads to an obvious conclusion that the stock is undervalued.  Ackman is a force to be reckoned with an he will hold...Read More

In this article the author outlines the usual reasons why Sears (SHLD) has declined over the last several years. His comments on declining sales, lack of revenue growth, asset dispositions, and management changes are all accurate.  What people don’t realize is that one of the smartest decisions Edward Lampert made was not too invest any...Read More

At TTCM we see a vastly over-saturated retail market in the United States.  Retailers such as Best Buy, Target, and Gamestop have consistently added square footage to varied degrees of success.  Online retail and Amazon in particular has had a catastrophic impact on some of these retailers operations.  The three retailers named have been great...Read More