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Fun Stocks

Marry UP: Finish Line buys Genesco

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This sounds a little strange: a smaller fish swallowed up a bigger one. Here is some details (Houston Chronicle):

“Finish Line operates 694 Finish Line stores in 47 states, 93 Man Alive stores in 19 states and 15 Paiva stores in 10 states.

Nashville-based Genesco sells shoes, hats and accessories in more than 2,000 retail stores in the United States and Canada under several store names, including Journeys, Johnston & Murphy, Underground Station, Hatworld and Lids.”

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Fun

Stock Reading at Mall w/e 060207

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Went to Chesterfield mall yesterday. Something new (at least new to me):

1) Journeys is expanding there. The regular Journeys got a new place (first floor, at the intersection), the old Journeys store is “Journeys Kids”. Journeys is a subsidiary of Genesco (GCO). Foot Locker is trying to take over Genesco but was rejected for now. We know in business “No” does not necessarily means “No”, just like sometimes when girls say “No”, it’s not really “No”.