Why do I get the idea that it is imploding on itself?
It seems like it's so poorly run and mismanaged that there isn't a single person trying to turn it around. The new CEO is just as ineffective as Jeff. It seems they could turn it around, but they are letting it die. [Nordstrom ] has gone private. My impression is that it will be sold off and the Nords will retire with millions. [Macys ] is being bought out and will go private to be sold off. The investors just want the NYC real estate to be turned into condos. Year after Year its more layoffs , store closing, restructuring I think its done