EOM, right into earnings. Where is the deadwood? Who’s slacking?
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I wonder if they will close the Seattle photo studio? Seems like low hanging fruit with the large studio and Hautelook (Rack) in LA and the new distribution center there...
Hey Jesper, when did “FLS” become “FLX”? Is this an omnichannel thing? Has it really been five years? Where has the time gone?
If I can get away, I think I’ll visit store 1 this weekend, see the broken windows (@$50k geez), look for sale racks. I’ll at least buy something from the Ebar if it’s open, always liked the coffee. What do I need? Maybe a fleece or a cheap pair of NB kicks.
Still interested in how the 2020 mall rent strike is framed in the upcoming earnings.
If they truly turn a profit, it’s only because they had the biggest layoff & restructure in company history. The company wouldn’t be able to survive another two restructures of that size, at least the store level. Still a lot of fat in Seattle.
FLX Store closures help the company, once the initial cost are out of the way. They could close another 20 and the stock would probably go up. They need to right size to around 60.
How about those Ontario stores.. or that silly tower?
They're gonna turn a profit, which just blows me away just how much money they must've been wasting... I guess some of that waste must have been me haha sigh...