Lisa Legacy took a profitable company and led it into bankruptcy let's be clear not because of COVID . I would like to list her Legacy accomplishment; Increase Private Brands from 20% to over 50% by taking all the quality and value to hit low price point doorbuster Strategy, Mortgage stores , negotiate a one time cash payment from credit card vendor , eliminate census at BSS and cut store payroll thru census reduction and reduce Hourly pay , increased senior , middle, and store management Turnover to over 250 % in 5 years ,and sales associates to 400% . Slow or no pay key vendors eliminating flow of merchandise to store .Lastly creating thru smoke and mirrors that she really cared about Belk , her communication skills constantly kept the company employees in the dark and led them down the road of koans and destruction . The bottom line is she lined the pockets of herself , Sycamore management and all the Sycamore investors . She should be applauded she liquidated a company that survived for +125 years in 5 years . BRAVO LISA .
Perfectly said, @1iqz+1bHAW0n9.