InvestorsHub Logo
Followers 178
Posts 35434
Boards Moderated 19
Alias Born 04/17/2013

Re: MoneyMaker111 post# 4484

Sunday, 04/23/2023 5:09:15 PM

Sunday, April 23, 2023 5:09:15 PM

Post# of 9784
WEN bankruptcy? Now bankruptcy.

That's WEN.

I knew these jackasses were screamingly desperate for munny when they closed a store last autumn and my wife was able to buy several "premium name brand" items at the closing sale for 75-85 percent OFF. She got prices for these "premium name brand" items that were lower than the cheap stuff at WalMart.

I knew the munny hunger at BBBYQ was huge because the sane thing to do is for the remaining unsold inventory during a closing close~OUTT sale ... as the days dwindle and some stuff still remains ... the company can simply hire a truck to move the unsold inventory to another store location rather than sell it at such a huge discount.

My wife said that on the last three days that the closing location was open, they had some items for 90 percent off! That told me that one or both of the following was true: (1) BBBY did nott think it was worth hiring a truck to move the unsold inventory to another store locations, and/or (2) the company wanted everything sold - regardless of the losses - because they desperately needed every Dollar and penny they could gett their hands on FAST.

That was the tell of how badd off BBBY was financially. Selling inventory at 90 percent discount just to gett their hands on money - ANY money - FAST.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.