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fredscott36

11/11/23 9:42 AM

#37 RE: Penny Roger$ #36

....BIG went BIG (ahem!!) on the bedding.......(almost exclusively at the on-line stores)................which to me is a huge business mistake......I know BIG just drop ships the mattresses and related........and I heard some BIG stores have bedding inventory...........takes up too much space, low margin and low volume and tons of competition.............we'll see................

....my plan would be a take-over with a pre-packaged..........BK.............shut down, like 400 stores, of the 1,100 currently open..............lever down as many store lease terms as possible...........I think the bond-holders would partner up with a re-structure partner.................

............my plan would only bring about $50-$75mm to the table.............I think some hedge funds might pony up a couple of millies..........given the cash flow.......

....but, as time marches on..................the value of BIG is dropping................down................