The one new initiative by new leadership was to open up 50 or more off campus stores. Anyone know how the 2 or 3 they opened are doing? They would need to open 47 stores in 6 months. Old leadership new off campus was a dead end.
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Actually, in the 90's Follett used to run several museum stores, gift shops, and small boutique merchandise stores
They saw the performance and decided to pull the plug. How is those Dominican stores doing?
Cal Berkely kicked Follett out of their Associated Students of UC store. Follett has said would stay in Berkeley and they've asked the UC Regents if they can use the name Berkeley Student store.
Next thing you know we'll be trying to run museum stores.
This is not a new initiative. This is an old, stale idea from 20 plus years ago called FTX for "follett textbook exchange." FTX stores were off campus competitor stores that benefited from avoiding the commission expense of contract stores. The FTX stores failed because the students did not shop these shop there and the stores never attracted foot traffic from non-students. These stores never generated sufficient sales/profit to remain viable over the long term. MLS and her crack team of losers resurrected another sad, poor idea from Follett's distant past that is doomed to failure from the start.
No. They are full retail stores, initially opened under the SKYO name. I believe they are losers and why they are not opening any others.
This sounds like an idea from 20 years ago. Unless tbey are just going to be distribution centers.