Thread regarding Follett layoffs

A new serious player in the Leasing/Consulting game

NACS announced at Camex that they are getting into the leasing side of things with their new spinoff Indico. Going to be worth watching to see if they get any traction in taking stores away from Follett. With the pull NACS has in the business especially on the Independent side and how much quality talent Follett let walk out the door Indico could have some serious experience available to them quickly. Thinking this whole pulling the business from Nacscorp through B&T is coming back to haunt them.

Their site is www.goindico.com

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| 1996 views | | 9 replies (last April 11, 2017) | Reply
Post ID: @OP+Mbb2B6i

9 replies (most recent on top)

Actually the guy who helped come up with the lending plan at NACS used to be a Follett Exec who left in a bad way under Don's tenure at FHEG. So we won't be hiring their leadership if it goes bad for them.

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Post ID: @zbfs+Mbb2B6i

Camex folks couldn't manage a lemonade stand. It's a make up of bookstore managers who wouldn't last a week in a real retail environment and their main objective is making sure that tomorrow is just like yesterday- no change, no risk and no initiatives that involve putting themselves on the hook for performance. Just stand around at a Camex show and what you see if what you get, middle age, over weight, t-shirts, jeans, beards and looking like they just came in from the farm.

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Post ID: @9sfr+Mbb2B6i

The plan sounds like it may work

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Post ID: @7rhf+Mbb2B6i

Actually the NACS plan will fail and Follett will either buy the whole company, or just hire its executives to try the same thing at Follett. That is our leadership pattern.

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Post ID: @3mow+Mbb2B6i

The plan will have to fail before follett tries to copy it i.e. KMART, Ace Hardware

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Post ID: @2gsl+Mbb2B6i

I read an article about NACS two years ago that was public about their plan and honestly it was quite impressive. Maybe we should try it, we do like to copy every other companies models these days.

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Post ID: @2wbh+Mbb2B6i

That is why all Follett companies missed their financial goals. Booyaa. Glad I was laid off.

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Post ID: @1nvo+Mbb2B6i

and when Amazon decided to get serious about K-12 books and library, it is over folks.

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Post ID: @1rga+Mbb2B6i

Interesting concept and the last thing Follett and BN need is to drive up the commission rates. The big winner here is Amazon who is staying focused on their strategy of online retail, including textbooks. If you don't believe that, just look at the financials of Follett and BN - hideous!

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Post ID: @hbj+Mbb2B6i

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