Many front line managers got a mass email with news about spring rush as only the robot at corporate PD can write. New directive states all stores will operate seven days a week in the lead up to rush (full staffing and hours) with a 'bonus' that... — read more
Whats with the mass exodus?
Whats with the mass exodus in accounting and finance. At least 7-8 people have/are leaving Follett. Pushed, shoved or just plain smart to get out now. Similar pattern, new leadership in, tenured employees out.
Rate My Boss
Employees should visit this link to express their views on management. http://www.ratemyboss.com/reviews/102566/Boss-Mary-Lee-Schneider.html
Layoffs?
Rumors of mid November layoffs at the home office. No more details yet.
How come Follett does not attract top retail talent, only friends from failing retailers
Strange that the only new hires are from kmart, sears and office max - retailers that are nearing the end of their lives after poor management and decision making. Noone from a solid retailer like Dick's is joining Follett. Nepotism is alive and... — read more
Humor Dept
http://theblacksheeponline.com/article/folletts-bookstore-in-trouble-raises-price-of-average-book-to-10000
Hunger games
It does feel like the Hunger Games around here. Always looking around wondering who/what is next. Can't believe anything you are told because there are so many lies.
Kmart/office max new hire
And the home office is growing again, hiring another VP from Kmart/office max.
I've said enough already
Management in the warehouse treat employees like feces. Literally, walking into the building with their heads held down and if you so much as ask a question or challenge any decisions they are/have made, goodbye! I understand its a warehouse job with... — read more
http://www.wired.com/2014/10/rethinking-the-textbook/
the exorbitant price of textbooks is of particular concern because it has a disproportionate impact on students of lesser financial means. The average cost of textbooks and supplies has risen to about $1,200 per student per year, according to College... — read more
Experienced leaders
Experienced leaders should not promise what they can't deliver.
Another one bites the dust at Westbrook IT
Here today, gone tomorrow. Was specifically working on an old system that was being implemented by the new IS offshore company. It has begun. This pattern will continue for the next couple of years
FCS
Follett College Stores?
sr ops leader has resume on the street And interview next week arranged
my brother in law's neighbor is an executive recruiter and over a back yard B-B-Q, I discovered a bit of news that someone thought wouldn't leak out. Good luck buddy, your secret is safe with me.
Another one bites the dust
From FES
Off Campus Stores
The one new initiative by new leadership was to open up 50 or more off campus stores. Anyone know how the 2 or 3 they opened are doing? They would need to open 47 stores in 6 months. Old leadership new off campus was a dead end.
purdue.amazon.com,
Purdue University students have the opportunity to save up to 30 percent - or $6 million - a year on textbooks thanks to a new and unique collaboration with Amazon.
FOLLETT HAMMERS AMAZON? Tell that to Purdue manager where Follett is getting its clock cleaned and students are saving millions!!!
www.usatoday.com/story/news/nation2014/08/13/Purdue-Amazon-cut-textbook-costs/14001707/
http://www.fastcoexist.com/3036953/futurist-forum/the-future-college-book-store-leave-the-books-take-the-panini
The Future College Bookstore: Leave The Books, Take The Panini
Follett Hammers Amazon http://www.publishersweekly.com/pw/by-topic/industry-news/financial-reporting/article/64498-big-losses-big-questions-for-
Within its media group, which includes all content sales, total revenue rose 4 percent, including a 5 percent increase in North America, the slowest growth rates in about 20 quarters, one analyst estimated during the conference call to discuss the... — read more
Sears/KM lead, Follett follows, more layoffs to come.
(Reuters) - Sears Holdings Corp (SHLD.O) is shuttering more than 100 stores and laying off at least 5,457 employees, investor website Seeking Alpha reported on Thursday, indicating the struggling retailer may be stepping up store closures.
Townhall
Can anyone share what's happening with FHEG?
Let's go
As a long term contributor to the forum I am saddened we've been reduced to bowel based retaliation, those of us who warned of the layoffs and restructurings, etc. We use this to combat a disreputable business, now we've been reduced to their level... — read more
Maybe this is why your company is outsourcing IT
They say perception is reality. If so, many in-house IT departments have reason to worry. InformationWeek's IT Perception Survey seeks to quantify how IT thinks it's doing versus how the business really views IT's performance in delivering services... — read more
Even Infosys employees stated Follett was not a leader
The terms Infosys used, "not leader", "not good", "IT not good, but not just IT", "lagger"
Follett is #1 of what? A BS degree in BS, that I agree with.
Propaganda will not pay the lights bills, maybe your bonuses next year, have fun. Like the sun and the moon the truth always comes out.
Follett is #1
Follett is #1 in posts to layoffs.com.
Rush Results
DG "The numbers don't look good Mary Lee" ML"That's awful Don, what are we going to tell the board?" DG "Well, we sold a lot of the inventory that we marked down for no reason in the spring. We will tell them that we have better than expected margins... — read more
two more gone experienced employees with greater than 10 years experience
Heard two more accountants are gone, not sure if they left on own, were forced out or laid off.
Online or in-store: Where’s the better deal?
There has been some speculation among students as to whether the convenience of the campus eFollett bookstore justifies its climbing textbook prices—especially since students have been finding alternative methods of buying their books, such as the... — read more
I WILL BUY YOUR TEXTBOOKS, at the Follett Rate + 25% commission!
I'm an independent buyer, NOT affiliated with Follett. With all the "issues" (changes, closings, layoffs), there are undoubtedly stores with overstock and you are probably scrambling wondering where to sell your books! I have been a buyer for 14... — read more
Over the top propaganda "Follett is the leader"
Do your homework. Since the business deals with text books they should understand what homework means versus magical thinking.
Follett is the leader
Follett is the leader in the college bookstore industry! Face the facts, the online competitors are failing fast and getting ready for bankruptcy. It is only B&N and Follett and there are many independent stores that will want to benefit from leased... — read more
Infosys pays 34M fine for visa fraud
Great work Follett. Hire a company that is known to commit massive fraud. I'm sure that is the kind of reputation you want to be associated with... — read more
things seems to be much better with the new management
things truely are better. Less deal wood on the payroll. Productivity is up due to fear. Fewer customers to focus on. Mary Lee is The Man. Coffee better is the cafeteria I absolutely love being a FHEG Employee. Just love the new merchandise in our... — read more