Tuesday, April 18, 2006

What does H&R Block do the rest of the year?

Now that tax season is just about over, I'm wondering what H&B Block will do the rest of the year? They have over 11,000 retail locations! Can you imagine how much it costs to run those locations? Tax preparation is obviously an area that can benefit from software and telecommunications innovations, as Intuit has successfully capitalized on.

The situation with H&R Block is not unique. There are many retail sectors that have busy seasons and slow seasons. Just like there are hours of operation and 24 hour stores, we may see seasonal stores that are re-opened and re-branded several times a year.

We've seen more temporary "event" retail operations, yet I doubt these are more than a random trend.

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