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Non-Tech : PETM - Petsmart -- Ignore unavailable to you. Want to Upgrade?


To: John Liu who wrote (1442)11/6/1999 2:54:00 PM
From: Angler  Read Replies (1) | Respond to of 1508
 
john:

Nobody is interested so I'll say that their entre into E.com
should help the stock for the short term.
I'm not sure if it will help their bottom line downstream since the items they are marketing are basic stuff their regular trade buys from their storefronts anyway. Some of the new revenues might be stolen from their existing stores, and the competition can also copy if they see the results are favorable.
I would rather see them put up some new stores out on the hiways beyond the high rent district (shopping malls and town centers) like Walmart did. That would open things for them and away from the one cat and one dog owners in townIMO.

Angler