It was announced a couple of months ago that BBB is planning to close 200 stores over the next two years. Has anybody by any chance been following how many have been closed so far, including the most recent round? And does BBB always do mass closings or do they sometimes close stores individually?
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Based on profitability. There are high grossing stores that are closing and stores that look like a flea market that are staying open. Being “a volume” has nothing to do with it as volume codes just reflect gross sales.
Lease expiration. Geographic Area. Amount of Stores in area (less than 10-15 miles to another lower performing store) and overall store performance.
If you are an “A” level store in an area that gets a lot of traffic but the nearest BBB is 25 miles away...I think you’re safe lol.
Actually it has more to do with c-appy stores. Trust me they are not closing the good stores. If your store gets closed it is because the store s—ed.
A lot has to do with lease expirations