Creaky wrote:
From what I understand of their finances (which is admittedly a very little amount), their store chains are like an anchor dragging them down, and I'd expect them to go unless things improve, becoming an internet only business then.
Just based off my local area, I say youre 100% correct. For one, they put their stores in stupid locations. I understand they want them in more upper class neighborhoods where people can pay for them, but by me, they put them in three places within 35 minutes.
1-an expensive mall here with higher end clothing, and lots of jewelry stores
2-a small store front in a hidden location on an expensive street of fancy stores. this location though, is barely visible, even when looking for it.
3-in the middle of a large plaza with a best buy(American electronics-dont know if you guys have it) and some other stores. But literally, while this is all store fronts, you have to walk about 100 ft in through nothing to the sides to find the store. It looks like a failed attempt to make a nice way through mall that nobody bought into.
The common trait-all hard to see in high price real estate areas.
The best location was in the mall, and that closed already. So did the number 2.
Now, number 3 is closing at the end of the month, and to replace these they are making two 1 man stores.....with like 2-3 tables each. Closed two days.
Looks horrible to any one with any sense of economics of business can tell from the outside these guys were going down like a plane with one wing.
mertaal wrote:
Lots of stuff
Im not gonna quote it all, but to everything: ABSOLUTELY.
I remember cool articles and everything being so awesome. When I was in high school I was in awe. I come back 6-7 years later, and Im insulted.