My understanding is that they are only selling their products in the West coast and Japan. Do you think they have plans to expand in the east? Dividends are nice, but as a long term investor I would like see them expanding their market into the East, Canada and perhaps some other countries and channels. Most of their earnings are being used for buyback and and dividend. It would be great if they can deploy their earned capital to in sales.
One of the most important job as a leader is to confront the brutal facts. There is zero chance Hastings can compete with online retailers. The only rational choice is to slowly close down all the stores and return capital to the shareholders.
Fresh and Easy is for sale. I wouldn't be surprised KR get them.
50,000 sq ft Distribution Center, in Valencia
4,500 sq ft Offce in Shanghai
15,000 sq ft Distribution Center in Mexico
2,000 sq ft Office in Taipei
Does anyone have thoughts on what the new Xbox's used game policy's impact on Hastings? GME lost 20% in a week. Many are predicting either the end of the used game business or it be controlled by the console makers