When companies go public - it’s no longer about running the store/company well or efficiently. It is an extractive process as much as possible at least in the last 20 years. Public companies think quarter to quarter and no longer think long term. Only smaller private companies are able to invest in the long run and invest in the future. The only group of public companies are that can swim against this tide are the tech darling like intel, apple, Microsoft, google.

I worry that the corporate quarter to quarter mentality is ruining American corporation that is taking American capitalism to a new low.

Maybe Nordstrom has a chance if they are private in the long run.