Bankrupt in two years, tops.
They redesigned the stores also. Getting rid of most of the photos and stuff on the walls, and making it sterile and uninviting.
Maybe Elon Musk can buy it then...
“Bankrupt in two years, tops.
yep ... not just a logo change, but a total concept makeover “to attract new customers”, which of course will also drive away existing loyal customers while simultaneously failing to attract new ones ...
seems like pretty much the same strategy that all failing retail outfits try, and it always fails ...
JC Penny is a perfect example of this: they ditched their coupons and then repeatedly switched the types and styles of clothing they carried, thus repeatedly whiplashing customer expectations and experiences ...
i still think of what happened to Motown, which for decades churned out incredible hits from Detroit, but decided to uproot themselves from Detroit and move to California to try to jump on the trendy hipster/rock bandwagon, thus spelling the end of Motown ...