Did MT work for Target the entire time he has CEO at BBB and sabotage the company? Why did the CFO take a header? Why did they hire GM who put 2 companies out of business. So many questions yet to be answered.
MT brought in all of his own people and fired everyone who actually knew how to run the business.
I will soon be out of a job because of these mo--ns. Bitter yup but I’m not done fighting. SG , MS, SH will all held accountable very soon. It’s not over folks the fight just got started.
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The really misguided thing about MT was that he thought BBBY was a respected brand name when he got here. Now we can say that if Target started to sell their own brands- Good & Gather comes to mind but you'll have to fill in the rest, and that brand was trusted and sold well, maybe he had some delusion that he could do the same thing here. Problem was, people went to BBBY to FIND all the brand names not associated with a store! They showed up and asked where their Cuisinart was!
Plus he’s on the Nordstrom executive board
Who benefits most by keeping the stock above ZERO?
Maybe those who got shares free? And those who will not declare BK?
There appears to be patronage going on at many levels.
Numerous entities have to be investigated here. First the company manipulated /boosted the stock price with buybacks and gave Corporate golden parachutes. Now they will not declare bankruptcy to live off the manipulation of the memers, perhaps?
And WHY allow this?
SEC might find their coordination of their purchases and their shilling very interesting. Guilt is up to SEC, however.
Knowing BBBY, there has to be some connection to wanting to avoid paying everyone unemployment at once, as well. WAVES, then? Remember how cost adverse this place was back when it was solvent? WON'T FIRE ANYONE ring a bell?
I think MT saw a quick paycheck with little downside. And what made GA jump? And why hire people they cannot afford in C?
You deserve answers.