So where do you go to shop for kids toys now? online has nice pictures but you can't touch them.. or am I dating myself and all of that is passé now.
(Topic ID: 212314)
You're currently viewing posts by Pinsider mark532011.
Click here to go back to viewing the entire thread.
Quoted from JodyG:I think a lot of people are missing the real reason they are closing....a failed leveraged buyout by Bain capital. They piled massive amounts of debt onto the company, and the interest alone is choking them to death. The pimps at Goldman Sachs did the same thing to the company I work for, and we are still digging out from a crippling debt load 10 years later. But hey, the investors made out okay!
That is really a key item. management that looks only at short term profit instead of long term profitability is the primary reason most of these companies die out. That and an unwillingness to change with the times.
You're currently viewing posts by Pinsider mark532011.
Click here to go back to viewing the entire thread.
Reply
Wanna join the discussion? Please sign in to reply to this topic.
Hey there! Welcome to Pinside!
Donate to PinsideGreat to see you're enjoying Pinside! Did you know Pinside is able to run without any 3rd-party banners or ads, thanks to the support from our visitors? Please consider a donation to Pinside and get anext to your username to show for it! Or better yet, subscribe to Pinside+!
