Wow, company in major trouble. Stock continues decline.
3 replies (most recent on top)
I told you they were going to sell, I’m on the pipeline of info!!
They won’t actually sell any concepts. They have too much synergy and bbb need them at this point. The company is NOT in trouble. There are too many outside journalists who don’t know how retail works, and that are being critically harsh with their calculations. One article I read even stated that- and that the company has a lot of hidden value. We are no where near Kmart/ Sears dead In the stores or online. Work to do but it’s all fixable. And too many investors were friends of ST, so now that they are gone they are selling their stocks (and I’m sure he threw out his shares too!). Don’t let the media rowel you up. If you really do work in a store like I do you know we have plenty of big changes in the way that are helping the business. And I don’t need to state those things because everyone who works in a store knows what we have been working on. All of the laid off managers still throwing c-ap around should really just stay off this page.
Those who are so pessimistic should stop their comments as well. Work hard for your store because so much does fall on the stores performance!
Senior mgmt were very lacking in their ability to make good decisions and continues to follow the same pattern which in the long run is going to cost JOBS!