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Non-Tech : SME(svcdq) has it bottomed out yet? Or will it hit bottom?
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To: Arthur Tang who wrote (273)3/4/2000 9:05:00 AM
From: Arthur Tang  Read Replies (1) of 305
 
SVCDQ's revenue comparison for 1998 and 1999, shows the revenue to be 320 stores at $3.6 billion, and 221 stores at $2.2 billion, respectively.

No change in any significant performance of catalog and web sales. As a matter of fact, reducing stores suffered in performance in same store comparison.

Catalog and web sites therefore had to be spun out, similar to AT&T and lately Lucent's decision. Their case histories are the same, to do more focus of core business. The parent company has to concentrate on store performance.
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