Neil Stern
Neil Stern
below concept five grow items novelty retail whether
All the merchandise in Five Below is under $5, whether it's toys, sporting goods, novelty items or accessories, ... This is a retail concept that can potentially grow very, very fast.
aspect attractive buying cash estate generating including land multiple owned reasons spin value
An attractive aspect of this for them is that Albertson's owned a lot of the land under their stores. But there could be multiple reasons for buying these stores, including generating cash flow, the value of the real estate or to spin them off to another buyer.