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First RadioShack Now Staples is Closing Stores - YouTube
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watching today's winners and losers on
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Wall through with our financial expert
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Rob black and there's some good news
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today at least on the job was from we're
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starting to see a more of a drop in the
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weekly claims yes on a trending basis
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very important for week trending for the
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last four weeks much more important than
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the recent data that we saw that came
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out today just on was it wintry mix was
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it not but more corporations the United
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States are not letting go of people on a
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four-week trend that should lead to job
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growth as the Year plays out as this
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winter storm excuse kind of starts to
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fade a little bit so positive news for
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employment in America ya on the flipside
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store closings and job losses radioshack
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announcing over a thousand store
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closings and now today we had staples
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announcing their closing over 200 stores
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I've said it once I'll say it again I'm
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at the point where I don't like going
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out of my home or my business maybe that
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makes me a Rekluse but it also makes me
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part of the American trend we don't like
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going malls anymore staples is
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downsizing or maybe right-sizing
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compared look at that that's a football
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field of just like there's no one there
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there's just a lot of product at a store
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at best at staples they're suffering
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like Best Buy has suffered their
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suffering like Radio Shack us offered
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physical retail is struggling it begs
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the question of like what to do with
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real estate investment trust that
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invests in mall reaps it begs the
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question of you know again are we
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getting more efficient staple said we're
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gonna start doing more breakroom goods
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like sodas because people are doing
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toners and the workplace has changed
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aggressively we need to change with it I
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would avoid that stock getting a hit day
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I just see it as a downward trend of
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Americans are shopping online and it's
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like that company's bleeding money I was
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interested to read that they said half
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of their sales are now online I thought
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that was very interesting which is great
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but as the investor guy they've also
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said four straight quarters of declining
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sales so it's a little bit too early to
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say that they've that they're going to
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turn around or that they could even pull
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a turnaround off I think it and I know
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they're not best they're not rub help me
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here it's
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fester male radio shack radio shotgun so
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you can't even remember the name that's
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how bad it is for radio show and to
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obsolete words I think they're too radio
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and Shaq well said all right speaking of
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a radio talk about Pandora music and the
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oakland-based company there's not taking
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a hit today too much competition and
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it's starting to catch up to them this
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is a company that's got 70 million plus
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users you recently saw whatsapp get
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acquired by Facebook because of 450
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million users Pandora the best thing
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that they got for going for them as
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active users there's not a lot of money
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to be made they are one of the biggest
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radio stations in America but they've
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got competition from i heart radio from
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apple from google from spotify to Moog
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there's just so many competitors out
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there tough for them to ultimately win I
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think they get acquired maybe 23 years
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from now and there was all of the SATs
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today and changes to the scoring and is
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the Khan Academy have a part of this yes
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Khan Academy is an online reptile of the
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Khan Academy I think it's brilliant idea
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I love the Khan Academy to you know what
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I love about it well the fact that it
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brings education to people who can't
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afford education I like it for kids it
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flips the education model where you
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learn your lessons at home and you do
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your homework at school yes and the s80
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is starting to get 21st century they've
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lost I'd say credibility compared to the
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AC T and the Khan Academy working with
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them will allow motivated students to
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study and not with a 30-dollar book and
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not with a tutor which obviously people
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with money could afford this is a 1
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billion dollar industry and I like the
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fact that Khan Academy an online study
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and impress is displacing you know a
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billion dollar industry and I like the
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s80 who is a non-profit saying like hey
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we're gonna welcome them even though
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they hurt our business model it's pretty
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amazing and pretty much take all the
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classes to get your NBA say online when
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never having to step foot in the class
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what was your SATs course I was 15 my
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name is 15 10 or 14 9 I was 14 for now
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we can compare with the kids today once
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again because it's going back to 1600 we
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couldn't compare with them we actually
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can't because they're making it a lot
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easier now the SATs they're getting rid
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of the essay and they're making the
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words much more Street words versus you
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know extrapolate of you know big words
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that don't mean a lot peoples are some
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big s80 words they're up see and if you
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have a question for Rob you can post on
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his facebook page will answer it here on
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