Tag Archives: retail businesses
Earnings and Valuation Distortions, Part 3

Earnings and Valuation Distortions, Part 3

Retail businesses and chain restaurants battle minute by minute for customer attention and to make a splash. Too old of a store base means something is wrong—the company is in cash cow mode, or it can’t find sites, or that its new stores aren’t economically viable. In the chain restaurant arena, refranchising is underway in […]

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