Even as though Sears has shuttered many of its stores, they are rebuilding and opening smaller and more attractively styled stores. Notably, with the Brookfield Square Sears redevelopment financing plan, proposed mall and hotel property approved. Within this mall reinvention, there will be a hotel and entertainment venues. The mall will focus less on clothing stores that have had a hard time competing with Amazon (AMZN ). Even Target and Nordstrom’s are experimenting with opening up smaller stores that offer a much more different shopping experience like Nordstrom Local in Los Angeles with a more focus on services instead of just selling merchandise.
There will be a conference center that will reside where the old Sears automotive building was and Sears will host an 18,000-square-foot facility selling home goods such as mattresses and appliances. Anything ordered online at Sears.com can also be picked up in these store locations. Three new tenants will be leasing a small portion of the Sears building.
For Sears, closing stores can be a path to profitability and beefing up their online presence. Sears has made a deal with Amazon to start selling its Kenmore-branded appliances online that are compatible with Amazon’s Alexa.
Comparing to all other retailers in the industry including Kohls, Costco, Nordstrom, Macys, Amazon and Walmart Sears holding has a potential turnaround of going over $60-$100 within a year by focusing on shop your way and other new ventures.
Our second stock pic is Top Ship. Lets remember that the 52 week high for this stock was $ 88,392.8571
Some value predictions is that this could easy run within a year to $750 a share.
The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose on Thursday on higher rates for capesizes and panamax vessels. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, was up 17 points, or 1.42 percent, at 1,217 points.
* “Capesize rates are edging higher yet again … as the Pacific market continues to come alive,” said analysts at shipbroker Clarksons Platou Securities.
* Average daily earnings for capesizes, which typically transport 150,000-tonne cargoes such as iron ore and coal, rose $515 to $13,936.
* The panamax index rose 25 points, or 1.72 percent, at 1,481 points, its highest level since Dec. 20 last year.
* Average daily earnings for panamaxes, which usually carry coal or grain cargoes of about 60,000 to 70,000 tonnes, increased $202 to $11,871.
* Among smaller vessels, the supramax index shed 4 points to 904 points, while the handysize index lost 3 points to 581 points.