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Berkowitz Says Amazon Deal Shows Value Of Physical Retailing

TedTed
in Fund Discussions
FYI: . Transaction reaffirms his faith in ailing retailer Sears
. Fairholme Fund trailing more than 99% peers so far this year

Investor Bruce Berkowitz said Amazon.com Inc.’s purchase of Whole Foods Market Inc. demonstrates that there’s still value in the traditional world of retailing.
Regards,
Ted
https://www.bloomberg.com//news/articles/2017-06-16/berkowitz-says-amazon-deal-shows-value-of-physical-retailing

Comments

  • [Deleted User]
    The user and all related content has been deleted.
  • Sven
    Sears is clearly a value trap with little or no upside. These they are disappearing from the shopping malls. So glad that I never follow the herd who keep saying BB is really smart guy.
  • AnnaAnna
    Maybe Amazon could buy Sears/KMart and create WholeMart or Wholestco.
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