We continue our series on dead malls with the Galleria at Pittsburgh Mills in Tarentum, Pennsylvania. The Galleria at Pittsburgh Mills, colloquially known as Pittsburgh Mills, opened in summer 2005 to great fanfare as the second-largest shopping complex in western Pennsylvania. It started out with three anchor stores JCPenney, Kauffmans (which eventually became Macy’s), and … Continue reading Dead Malls: Galleria at Pittsburgh Mills, Tarentum, Pennsylvania.
This piece is a continuation on our series keeping tabs on classic retail chains as they, unfortunately, fade into the rearview. This list is solely for full line Sears stores, Sears Grand, Sears Appliance & Mattress, and Sears Home Life stores. This list does not include owner operated Sears Hometown Stores. As we noted in … Continue reading How Many Sears Stores Are Left?
This list was initially compiled in May 2020 utilizing Kmart's online store directory and then doing research through various news reports, phone calls to stores and message boards to verify the number of stores remaining open. We stand by the accuracy of this list recently cited in Forbes. At BroStocks we have a soft spot … Continue reading How many Kmarts are left in the United States?
This piece was originally published April 20, 2020 and updated January 31, 2021 to reflect recent calls by Chamath Palihapitiya. "You keep saying propping up zombie companies...are you arguing to let airlines, for example, fail?""Yes."A stunned Scott Wapner, a longtime CNBC host, stammers and stutters..."why? How does that make sense in the broader scheme of … Continue reading Who is Chamath Palihapitiya? A different type of populist billionaire
For one reason or another, if you grew up or live on the east coast of the United States, you will likely someday find yourself driving on Interstate 95. Among the terrifying highway signs warning you of eternal damnation with the backing of Old Testament fire and brimstone, you will see the kitsch of a … Continue reading What is South of the Border? Visiting a tourist trap during a pandemic
Carson Block is currently one of the most notable short sellers and activist investors in the eyes of the investment public. He has hit some notable home runs, including most recently with his exposure of fraudulent accounting practices at Luckin Coffee, once thought to be the “Starbucks of China.” He remains best know for the … Continue reading Carson Block: Biggest Calls From The Muddy Waters Short-Seller
What happened to the Verizon ringback tone? As if Millennials needed another reminder of our own aging, Verizon has announced full discontinuation of ringback tones and ringtones. The iconic tones shaped so many of us who were coming of age in the early to mid 2000's. The decision: what song do I want to play … Continue reading Verizon Says Goodbye to Ringback and Ringtones
Is Stein Mart Bankrupt? Stein Mart, the storied chain that began in 1908 with a first location in Greenville, Mississippi by Russian Jewish immigrant Sam Stein, recently filed for Chapter 11 bankruptcy due to the COVID-19 pandemic back on August 12, 2020. All 281 stores across 30 U.S. states will be liquidated. We will examine … Continue reading What Happened to Stein Mart? The Rise and Fall of the Department Store Chain
At BroStocks we are all about supporting your aspirations. Start a side hustle that could lead to a successful full-time business. Building your portfolio on Robinhood and other brokerage accounts. Maybe investing in that first piece of rental real estate as your first step to growing your net worth. Tiger 21 is the real-life embodiment … Continue reading What is Tiger 21? Four Lessons From Michael Sonnenfeldt’s Exclusive High-Net-Worth Investing Club
Apple (AAPL) made headlines recently for continuing to post strong numbers even amidst the COVID-19 pandemic. The company also announced that its Board of Directors approved a four-for-one stock split. So what does this mean? You might be under the impression that a stock split is a move utilized for companies that are in financial … Continue reading What is the Difference Between a Stock Split and Reverse Stock Split?