Location, performance, something else? Is there a way to know if we're next?
4 replies (most recent on top)
It’s cheaper and more profitable to sell to agents. Agents pay their employees less salary and the bigger part is healthcare. Verizon no longer has to provide healthcare benefits to what 8-12 employees per store. Healthcare ain’t cheap. You do the math so when Verizon has to renew their policy they can now trim it down to tell people which saves them cash. Lol
It ain’t about you anymore regardless how much you believe it is. Every leader is conditioned and trained with talk tracks on what exactly to say when things like this happen. It’s the same stuff everytime. Fake works for those leaders!
Whomever they feel needs to be closed. Prob depends on rent, lease, headcount costs and numbers. They’re even giving some decent stores to indirect retailers to just take the costs off Verizon’s books
Lease expiration date, desirability to indirect, cost of employment, P&L to name a few. Everything is measured. Retail as a whole is a money pit. Especially now with COVID.
What?