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TRS the reject shop limited

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Ann: Trading update and Board appointment, page-3

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Copperaccount

494 Posts.

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04/06/21

10:54

Post #: 53644951
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Originally posted by adamwex: ↑

I went to the Broadway store and found hardly anyone in there but the rest of the shopping centre was quite busy. I'm not sure how well they will do when a supermarket is nearby. Too many products can also be found in the supermarket. Hard to see where their competitive advantage is. I'm also noticing the local suburban $2 shop/discount shops are not doing as well as they used to. One near me closed down. Perhaps more people buying online, perhaps higher wealth and jobkeeper payments is giving shoppers more firepower to buy more expensive items elsewhere.

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yep TRS is anti cyclical. our V shaped recovery will not bode well for TRS. If inflation kicks up a stink it might be worth another look. But you’re right - online is the go, and I don’t know how TRS competes in this space

Last edited by Copperaccount: 04/06/21

TRS Price at posting: $5.78 Sentiment: None Disclosure: Not Held
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Ann: Trading update and Board appointment, page-3

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