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Family Dollar Stores Inc. Message Board

  • etf1871@sbcglobal.net etf1871 Apr 26, 2013 5:00 PM Flag

    FDO will continue to drop with Mike Bloom running the show

    Since Mike Bloom left CVS the stock has skyrocketed. Since he has taken over at FDO, it's price has dropped significantly. Don,t expect it to get any better.

    Sentiment: Sell

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    • Trying to run FD like CVS - but the staffing from top to bottom will not allow this to happen successfully. Similar to trying to get a fry cook to be the chef at a top establishment...now I am not saying CVS has the best talent - but I am saying FD has a very shallow pond - from upper management to field management to store level - it's awfully hard to find a quality DM who will work 80 hours for 40k or a store manager who will do even more for 25...the people who will do that have no other options...and therein lies the problem - FD should go back to running the hell holes that made them famous and rich - remodel every 15-20 years, no manager, no cleaning - just drag it out of the back and throw it up...

 
FDO
78.76+0.11(+0.14%)Sep 19 4:03 PMEDT

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