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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: Uwharrie   😊 😞
Number: of 21943 
Subject: Re: Working at DG article Bloomberg
Date: 09/20/23 9:48 AM
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No. of Recommendations: 7
Many of the issues affecting/afflicting DG are issues that many companies are facing today. We own a small manufacturing business and while staffing has always been a top concern, it has become doubly or triply so in recent years.

More than one hundred years ago folks like Frederick Taylor worked to develop more efficient production plants. Forty years ago we had mass adoption of bar coding. Today we likely have countless innovators at work ranging from Amazon to surely some garage level start-ups working on ways to solve retail's stocking and shrinkage issues. While I cannot speak for DG's management, it would be reasonable to assume they have multiple efforts underway to solve their labor, store environment and related short-comings. Paying folks more money to attract and keep talent is one of the steps. Other possible steps may involve reducing SKUs, changing racking systems, having smarter rear exit doors so they do not need blocking to prevent shrinkage (maybe a sensor coupled to a camera that identifies everyone who leaves via that door or perhaps a smart locking mechanism that is tied to either a employee handprint and the store's smoke detectors or some other neat innovation that continues to meet fire codes) and who knows what else.

All these issues being raised seemingly everywhere in retail is screaming out opportunities. What we on this board need to be asking is: are there public companies poised to profit from helping retail jump over these hurdles?

I see problems of all sorts being solved at the local/site level through innovation in physical organization, new technologies, new employment arrangements, new coalition arrangements (outsourcing and other collaborations), and lots more stuff than cannot be envisioned that will be arriving out of the mists.

Uwharrie
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This community has written 21,448 posts about Berkshire Hathaway. The article-length ones it recommended most:
BRK: Why Not XOM? · 62 recs · 2024
Second quarter comments · 60 recs · 2023
Berkshire's Profit Contributors · 57 recs · 2023
Summary of 2Q 2026 · 54 recs · 2026
3Q Summary · 53 recs · 2024
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