The changes that are needed at BN will likely take years to implement

You don’t gut your management staff just before your busiest time of the year. You get through the holidays and see which managers are getting results and which locations are struggling, then you make decisions, shift people and staffing and close stores.

It will be easier to get rid of 1/3 of your RMs, DMs, SMs, and ASMs when you have 1/4 to 1/3 fewer stores to manage.

The discount change was an easy one to make immediately and was going to display a willingness to make things better over the long run.

BN is going to struggle over the next 5 to 10 years as they adjust store counts, sizes and locations. Things are only going to get worse in the short term before they get better.

Originally posted by @11TCFGml-3wwf.

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I think everyone expects store closures after the holiday season. BN will likely be down to 350 to 400 stores in the next 12 to 18 months as they renegotiate leases and look to moving stores to smaller locations likely dumping most mall based stores.

I think he long term will be settle around 500 stores in the 10k to 12k sqft range. Frankly, they should consider just dropping the cafe from the new store model as they cannot be anything other than a drain of resources at the corporate level and are a major headache for the stores.

A Sh*tty DM & management team will spell DISASTER during the holidays. If the same ones who contributed to horrible business are still in place , even during Christmas, the store will fail.
Expect many ( especially KY, NC area) closures after the holidays.

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The changes that are needed at BN will likely take years to implement

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