If there has been any constant down the aisles of supermarkets and on the racks at clothing stores, it’s inflation. While inflation has started to cool down, the reality is that prices continue to be high — and that remains a key issue for consumers.) have struggled as households cut back on non-essential items. The issue of inflation will take center stage with voters in the November presidential election and could weigh on retailers until the race for the White House is over.
What makes a good target, what kind of vibe they want, what kind of kind of mission statement they're going for? And then Walmart passed him right away and just left him in the dirt because Kmart didn't give a crap about where they put their stores. And so I was there for, for Macy's bankruptcy, which is the first of many, they might be headed there again anytime soon.I'm gonna try to put into practice everything you taught me here, Jeff, I'm gonna do very, I'm gonna try very hard also to not write lists in real time because everybody loves the list.
You mentioned the advertising business, they're going into club memberships and, you know, as well as I do that discount store model is a single digit bottom line business.Now, if you can add some really heavy graph top line revenues to that club store with the Costco Model.I mean, we're talking about 4 of freaking meat for about 40 bucks.Uh Why are they not getting this message?The shrink hit them, huge, hit them, huge, hit them really hard.
And that made it just too lucrative to steal and you combine that with what society went through or we're not going to prosecute anybody and, and, you know, some of the errors were, were unforced.No way to see how that's gonna bite you in the ass. And you know, it, it's with Walmart in a similar vein, you know, that, that margins that they can take in, you get a couple of billion extra dollars, a few billion extra dollars and it scales really well and allows you to do things that the other guys can't.All right, welcome back to the latest opening bid.
So it's like Bob, you know, it's like, it's the house of VCR rentals and, you know, in a, in a modern world, they never figured out how to go online.
Now the difference is Ryan Cohen is not much of an investor as far as I actually challenged him, Jeff.You're of course invited Jeff, but I actually challenged Ryan Cohen in my column last weekend uh to come debate me at invest.I mean, I think he has a whole world of investors that have shown some form of confidence in him and doesn't he owe it to come out here and explain what he is doing or maybe it's just me, maybe he owes nobody anything.
That's what the super duper duper crazy argument is, is that he's gonna be able to take whatever they sold out of that $75 million ATM appropriately called at the money transaction, sales share sale opportunity.How he's going to put that to work and frankly, kind of the worst option available is putting it back into gamestop.Let's let's go to another retailer and it was interesting.So at the time I, I had spent a week visiting Starbucks stores.
If they sold me a good lunch, Jeff, I would sit in Starbucks, but the reality is I'm not sitting in Starbucks who's doing that.But what they've got that Starbucks is desperately trying to are all kind of those things that they did.They used to call them that thing where you, you know, it's, it's like a mochaccino wrap of whatever with like eight different pumps of grenadine in it.