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Comments by "" (@davinp) on "The Wall Street Journal" channel.
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The former CEO/Chairman Eddie Lambert doesn't know how to run a retailer and hedgefunds won't save the company
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One advantage Amtrak has over airplanes is that train stations don't need a big building and security that airports require.
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Also, Sears/Kmart failed to update their stores. Some stores look really old and run down, plus they didn't update their cash registers to more modern ones
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Kmart and Sears are not the same type of store. For example, You don't buy lawnmowers or refrigerators at Kmart, Walmart or Target
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Majority of the tracks that Amtrak operates on is owned by freight. For example, much of the tracks on the east coast is owned by CSX. CSX has delayed VRE commuter trains as well. It seems CSX views its freight trains as a priority. They put them and Amtrak first over other trains
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Because they declared bankruptcy in Sep 2017, right before the holiday season, people didn't want to shop at Toys R Us that holiday season. Toy sales were already down that year. Another problem is that Toys R Us fell behind in technology.
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10 years ago, the 2013 Google Nexus 7 tablet had NFC and Google Wallet, but stores didn't have Tap and Pay back then. Unfortunately, they waited until Apple introduced it
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When the private equity bought the company, it left Toys R Us with allot of debt. At the time, they didn't see anything wrong with this.
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