Our local store has empty fragrance and cosmetic counters along with tons of clearance racks. What is going on?
6 replies (most recent on top)
You're right! if you read up on Sycamore's business model, you will quickly see corporate vapirism is the norm. Read what they did with the property Staples headquarters is on. It's a license to steal.
sounds like financial trouble to me
When you do not have the revenue you cannot pay the bills, vendor partners will not ship merchandise when they are owed money . Sycamore takes all the money they can out of the business and leaves it high and dry . This is a cycle of churn and burn that leaves healthy companies struggling to continue to operate as a profitable entity . The ultimate losers are the customers and the employees it is NEVER about the people , it is about GREED ..
Lisa Harper, Don Hendricks, Jacob Hawkins, and Leslie Riggs all need to resign or be let go, we need new leadership or just shut the f—ing doors for good.
Sounds like our store, I believe belk is months away, if not weeks away from a bankruptcy, it is sooooo obvious.
Our store's inner motto was, "So goes cosmetics, so goes Belk."
If cosmetics has vanished, you is in trub-bo!