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To: Paul Senior who wrote (24796)9/8/2006 9:25:28 PM
From: pcyhuang  Respond to of 78753
 
Paul:

Yours: "WSM sells cooking related stuff, CHS is a clothing retailer. They don't seem to be competitors."

In my thinking, both these companies are involved in the retail service business. Even S&P groups these two companies as belonging in the same "service" sector.

Of course, you are quite right if one goes a step further in detailed classification.

pcyhuang



To: Paul Senior who wrote (24796)9/8/2006 10:18:17 PM
From: Wallace Rivers  Read Replies (2) | Respond to of 78753
 
I thought the same thing. PC is correct in that S&P classifies them in the same category. It's true that both companies compete in the same sector for a finite amount of the total retail $$$ spent.
They are quite different IMHO for the target market each addresses - CHS women's clothing, WMS home furnishings and accessories, and high end cookware.


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