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Strategies & Market Trends : Value Investing

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To: peter michaelson who wrote (9416)12/27/1999 7:45:00 PM
From: Robert Hoefer  Read Replies (1) of 78644
 
I was in the El-Bee store in the Fairfield Mall yesterday, and I have been in the Upper Valley store recently. The day after Christmas the Fairfield Mall was crowded with people returning or exchanging gifts and shopping the sales. I asked my mom to park at the end of the mall El-Bee is on so we could walk through on our way in and out. The quality of the store is outstanding in every way, as good as any department store I've seen. Beautiful decor, marble floors, clean, shiny, nice displays. No cardboard boxes lying around, piles of junk, etc. My mom noticed that the computer player piano they have had there in the past was not there, one of those baby grands that plays pop tunes all by itself. I would not say that Lazarus or Parisian, other department stores in that mall, looked any better. Crowds were good, people at most registers, though I could not say whether they were buying or simply exchanging. Fairfield is the area's newest, biggest mall, so all the stores there are new and first rate. It would not be fair to compare them to stores in older locations. Still, my mom shops at the older, smaller Upper Valley Mall location, and says it is fine. Bought some towels there the other day. I haven't been to the Courthouse Square or Dayton mall stores in many years. I hope that helps those of you who didn't grow up in Dayton, and have a hard time picturing the company.
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