I truly believe that the CEO will be gone by Christmas. He has done nothing but spend spend spend without showing any profit in the stores. I get all of the remodels are long overdue but they haven’t helped the sales. Cutting hours in the stores is not the answer. Get better products into the stores. Cut the corporate jobs who are so out of touch with the true business. Staff needs to be done in the front lines aka the stores . Remember numbers only work on paper people the truth is in the stores.
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It will be tough for the board to fire him. Without recognizing their own screwups. What we need is a SALE!! Find a company like Sycamore to take us over so they can run us into the ho-e. At least the public bleeding will stop….