I have been in retail a long, long time. I call what is happening to TUES, Retail Darwinism. I don't have enough time and space here to list a long line of retailers who have gone out of business because their direct competitor was 'stronger'. What are ROST and TJX not giving to TUES's potential customer? What retailing mavens are they going to employ? TUES is a dead, dead issue. Their is no niche of retailing nor sliver of retail sales that they are going to discover. All the spots in off pricing have been filled. While KM was keeping them solvent HG was expanding now up to 800+stores with another 700 to come. Every suburban woman in the US can tell you a story about knowing some one in a $1ml and up home, that completely furnished it at HG. And on the lower side ROST has got that customer.
Any one, any one, who thinks this stock is going up should go to a HG go to a ROST and tell me how in the world TUES is going to make a turn around against them. It ain't going to happen. I don't know the real estate play and maybe they own the Inwood property but, as a retail play, they are among the walking dead.