nothingcorporate@lemmy.today to Microblog Memes@lemmy.worldEnglish · 4 days agoRIP Toys R Uslemmy.todayimagemessage-square41linkfedilinkarrow-up1518arrow-down18
arrow-up1510arrow-down1imageRIP Toys R Uslemmy.todaynothingcorporate@lemmy.today to Microblog Memes@lemmy.worldEnglish · 4 days agomessage-square41linkfedilink
minus-squareBakkoda@sh.itjust.workslinkfedilinkEnglisharrow-up2arrow-down2·edit-24 days agoIf 1 is profitable and 3 aren’t and it’s a matter of geography, that’s a sound business decision. What kind of a sane business model would benefit from holding onto (and paying taxes on) property/assets that aren’t profitable? 🧐
minus-squareAspieEgg@lemmy.blahaj.zonelinkfedilinkEnglisharrow-up4·4 days agoYeah, that’s kind of my point. 3 of 4 stores in Ottawa aren’t profitable is probably an indicator that Toys R Us (at least in Ottawa) isn’t doing that well.
If 1 is profitable and 3 aren’t and it’s a matter of geography, that’s a sound business decision.
What kind of a sane business model would benefit from holding onto (and paying taxes on) property/assets that aren’t profitable? 🧐
Yeah, that’s kind of my point. 3 of 4 stores in Ottawa aren’t profitable is probably an indicator that Toys R Us (at least in Ottawa) isn’t doing that well.