Just wondering what their criteria are for a store to be declared unprofitable in this new company? If it was simply up to whether a store produces a positive balance compared with the cash it burns the number of announced closings would be much bigger.
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When they decide you are unprofitable so they can close you. You really think they don't lie their asses off and do whatever they want? What you do or don't do means nothing.Your the only one who gives a sh-- about you. That's just the way it is.
OP
Such a dumba$$ question
Bottom line unprofitable is when a PROFIT IS NOT MADE
You cannot even be declared a simpleton !!
If the store sells more than the employees are stealing, it will stay on the profitable list.
Stores that were owned by Sears rather than leased had a better opportunity to be profitable because the monthly P&L was not affected by rent expenses which needed to be offset by higher sales and profit.
When sales really began to tumble over the past few years, profit drain affected owned as well as leased stores.
That's pretty close. A store being profitable or unprofitable is not the end all. The true market value (truly interested buyer), whether the store is leased or owned, and whether it is owned by Sears or ESL all play into the equation.
If Eddie can sell it for $1 in profit