Two weeks late I know; however, a quick read and if you can read between the lines how Faackered VP's, RVP's and district people are going to be once the "New CEO" is retained.
I've been through one of these and it's not pretty. The standard play book is new CEO brings in own management team (why your current VP's, RVP's & districts are in a c-appy mood all the time), thus new executives start putting their people in place. Very simply it's out with the old and in with the new, just like the inventory they're firesaling.
So breakout the popcorn, sit back and relax and enjoy the forthcoming Sh!tshow.
2 replies (most recent on top)
Is that why MF is gone?
Sorry about that, I screwed up and forgot to put the link for the shareholders letter, my bad!
http://bedbathandbeyond.gcs-web.com/static-files/5b23b665-42ba-47cb-9f63-fa441fa31e35