SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Paul Senior who wrote (62973)12/17/2019 12:21:10 PM
From: FIFO_kid21 Recommendation

Recommended By
E_K_S

  Read Replies (1) of 78774
 
I would say buyer beware in the long term I can't see this as a secular change. Trust me I looked very hard at SSI last year when they were restructuring their business to implement Gordman's type of concept into all of their stores but refrained given Gordman's in the long run failed. If I could do a comp Stein Mart would be the ideal candidate for replication of the business model which is struggling in itself. The only difference is SSI tends to target smaller markets. SSI acquired Gordman's in bankruptcy a few years ago.

SSI and Gordman's are quite prolific where I live and I find it hard to justify chasing SSI's recent performance from a longer term point of view. Implementing the Gordman's concept in all of its stores from all apparel to include decorations and housewares is certainly driving new traffic from the changes but in the long run nothing earth shaking and competition will eventually take over as consumer interest from the new offerings wears off.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News