Is there any credible information regarding closures of retail locations or conversions? When is this supposed to begin and how big of an impact?
Also, for stores that stay open, has anyone heard about changes in leadership structure?
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Dan is finally seeing how costly the stores are to our reputation and bottom line. Let's hope we are rid of them by end of the 4th quarter.
Are r2b floaters going to be converted to full AMs or stay with consumer group?
Retail for-sure getting the boot. Stores are slowing down with massive expenses overhead. There is indirect options to save cost and customers doing everything online. B2B and r2b seem safe for a while with the “hunt new business” approach starting Q2.
There is no guessing on if. They are actively bundling/regionalizing/grouping stores for sale/closing/merging etc. into packages on offer to various third party chains. Maybe some guessing on where when, but it is happening.
Anyone have any idea to what extent they’ll close retail? 100% 60%?
And, they don’t just “give the boot.” Lol closing retail is a layoff for employees.
It sounds like everyone is just guessing based on opinions
Stores are a massive expense. Real estate, inventory carrying costs, employees, security, ops teams to support them. Corporate owned retail stores are no longer different than resellers. Axe coming soon. Next will be doing the same to B2B and R2B was never profitable.
Dan will have his way with retail soon enough.
Retail is going to 3rd party like wireless zone. They aren't getting laid off just the boot.