Where can I find the truth?
6 replies (most recent on top)
Is HyVee the next Dahl’s? Corporate is taking desperate actions in an effort to make up for a decades of poor decisions. Bring Ron Pearson back please. The entire Board and C-level executives need to be held accountable for their poor decisions! I’ve not heard of any cut-backs with executive leadership, only store management that work hard to make up for Corporate’s stupid decisions and wasteful spending. How many frontline employees could have been spared in exchange for making and running a Super Bowl ad? Where are your priorities Corporate? It’s time you are accountable for your actions and decisions and clean house. Top paid id–ts need to go!
No. Hy-vee is about to be bought out. Stop freaking out.
Hyvee is cash poor and has reached its credit limits. This is HyVee last stand. This is the Alamo for hyvee. Once the competition gets wind of this they will try to squeeze hyvee out of business.
Hy-Vee has plenty of cash and credit available. That said, the results the past couple years have not been good and are not sustainable. All this is the attempt to fix the bottom line and get profits where they need to be to keep the company healthy. That said, they way they went about this is total garbage.
Check out just one example of unbelievable waste.
https://www.google.com/amp/s/amp.desmoinesregister.com/amp/570537001
Unfortunately hy-vee is a privately owned company, thus they are not required to disclose any financial statements.
But look at the writing on the wall, what kind of successful company's pull this kind of garbage unless they are trying to keep from going under?