| An SI Board Since August 2011 |
| Posts |
SubjectMarks |
Bans |
Symbol |
| 0 |
0 |
0
|
SPLS |
|
When a company stops high level investment in opening and transitioning new stores after Q2 it should ring alarm bells.
Secondly when the same company reduces forecasted sales and reduces store level budgets to show an inflated YTD comp and YTD Budget sales, this should also ring bells.
A shrinking retail market for office supplies and a large retail square footage is only going to lead to store closures.
I agree the .com is big, growing and profitable. They will not let this side of the business support the retail foot print.
Store closures, lay offs are around the corner.
There will be a split of the .com business away from the retail side. Amazon ring any bells for you folks.
The copy and print centers are NOT doing the business expected. The Easy Tech business is being down sized as we speak. They are going to demote or fire the lead techs, who are the people who drive the tech business.
When a company redirects its investment capital away from growth and towards measuring its business (ask them about V.I.B.E.), it means they are circling the wagons.
Trust me I know. I have company shares and I am selling before Q3 results come out.
|
|
|
