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  4. Hannover House Inc. (HHSE) Message Board

Made Strategic Decision To Locate Near Walmart

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Post# of 7478
(Total Views: 450)
Posted On: 06/14/2019 5:46:07 PM
Posted By: speckulater
Re: speckulater #5285
Made Strategic Decision To Locate Near Walmart



Quote:

Greetings HHSE Friends & Followers - Last week (during the WALMART Annual Shareholder's Meetings in N.W. Arkansas), HHSE C.E.O. ERIC PARKINSON was asked by quite a few institutional-level investors and funds to provide an update on "what's happening at HHSE..." and more specifically "... is this a GOOD time to accumulate shares?"




This is not as far fetched as some may think. HHSE just moved to Fayetteville. The previous 26 years resided in Springdale, Arkansas. Merely a 30 minute drive to cover the 19 miles to Walmart World Headquaters in Bentonville, AR. The DVD Distribution Business has changed drastically over the years. Walmart used to be the world's largest seller of DVD's. Hannover House used to place multiple DVD's on Walmart shelves. HHSE has had about 5-6 DVD's on Walmart shelves at the same time before. There was great synergy between the 2 Companies. But, Walmart is a behemoth, HHSE is tiny. Walmart does not come to you, you come to Walmart. So 26 years ago, Hannover House located within close proximity to Walmart. It was a matter of conveniences, a strategic business decision. Certainly, many friendships and associations were made over the years.




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