Apparently, our new CEO is a "former bookshop owner and avid reader" and he has no plans to further cut costs. He wants to invest in the company and give more room to local managers to customize stores to cater to locals.
This...actually sounds like a really good idea. What are the chances something positive actually comes out of this?
Here is the source (it's a long but good read - and there is an audio option as well:)