Tuesday, November 20, 2018 5:06:16 PM
I was under the impression the iGourmet purchase was not only to do business in the B2C space but also to expand northeast core ops leveraging the warehousing space available. i.e. distribution point from which to expand into the northeast and reduce some costs.
Have you asked Sam about this ?
While I don't think Sam is a "turnaround specialist" by any stretch of the imagination, if the acquisition of iGourmet was just to takeover and streamline a struggling business and hope to turn it only ..... bad move. But if it is something they thought they could stop the bleeding on and turn within a year AND expand core business into new markets ...... different look to it.
Amigo Mike
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