They interviewed the founders yesterday and they said that they goofed about not getting into online sales and curbside pick up like other retailers were starting.
Yes they goofed but they are laughing all the way to the bank. They got greedy and didn’t want to put any money into infrastructure or upgrades to their pos systems. Yup they are millionaires but would have been richer if LF didn’t invest in MD and loose a ton of money.
Oh wait how do they get his bad investments back…BBB and BBBaby.
So LF gets back his money and the company gets screwed. No one ever investigated this and now it’s too late.
So the big wigs walked away richer and the poor people who worked in the stores, warehouses and corporate offices get f****d. Sleep well all you greedy MF.
7 replies (most recent on top)
Nah, the goof was making a big left wing virtue signaling statement by removing “my pillow” products from the stores. Conservative patriots are laughing at you.
Thieving chancers.should be liquidated !
Two old men with their heads in the sand or elsewhere.
Buy Buy was founded by one of their kids, correct? And then they acquired it. Have always heard both accused of nepotism and cheapness and then the karma boomeranged on anyone stuck with those CRT monitors. Massive errors were made and I see no need to lionize them.
Wall Street Journal
Any links to this interview??
I read a few articles about how LF invested in Bernie and lost his shirt.Great how they were able to write it off though a public company.
And the hits keep coming.