Thread regarding Charlotte Russe Holding Inc. layoffs

Have you not read the messages below... The company is doing terrible. There is a lot of spin on the situation, but you have to understand that the company was in a tailspin for 4-5 years (which was masked by large tenant allowances that made the company cash flow positive), and small improvements are not cutting it. We need to start seeing 20-30% comps, and that is impossible. We are lucky to get to flat comps. Even PacSun is doing better than CR.