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ASimEE

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ASimEE

Re: ChnDragun post# 2902

Friday, 10/03/2014 11:34:11 AM

Friday, October 03, 2014 11:34:11 AM

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Exactly.
They bring in BILLIONS in revenue!
Easiest way to turn this ship around is close the stores that are losing money and cut bloated costs at the upper management level.

They don't even have to do anything that innovative to return to profitability...now, if they want to be around another 50 years they will certainly need a change in the current business model that adapts to the changing retail landscape. RSH's problem was their lack of foresight and the old "stick to what's been working" mentality.
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