After thinking over it and pondering.....these are my next three picks to be in the Cracker-Barrel situation:
1. Walgreens. Combination of factors.....online competition hurting them. One dismal CEO away from total destruction.
2. AMC theaters. Massive debt....people not hyped-up to see movies....streaming services are getting more attention.
3. Spirit Airlines. They are evolving into an airline that survives (marginally) from bankruptcy one....faltering into bankruptcy two, and so on. They might linger around for ten years but never getting out of the mess.
1 comment:
On-line shopping beats getting beaten by inner-city vibrants at Walgreens.
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We owned a restaurant business for ten years, 1979-89.
After leaving the industry, the only restaurant we patronized was Golden Corral in north Sacramento California, across the street from McClellan Air Force Base.
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A couple decades ago, our favorite restaurant turned into a battle-zone of diversity.
Finally, Golden Corral was forced to close to protect their customers and staff.
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keyword : 'contagious gunfire' (one person shoots, so everybody else shoots)
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