We really have to assess the affect of the store closings on our headquarters operation. It is the intention to reduce corporate expenses.
"John Francis Ferry" was a pitcher in Major League Baseball. He played for the Pittsburgh Pirates.
More Jack Ferry on Wikipedia.This is a separate, unrelated matter. The letter is quite vague, but the responsible action is to conduct an investigation.
He felt that he was not fired. He felt that this was in the best interests of the company.
We'll continue to assess the sales, profit and investment on each of our stores, but we do not expect another closing of this size in the near term. In retail you're always reviewing your fleet, making changes to the fleet whether it's closings or openings.
The press release speaks for itself. At this time we're reviewing our liquidity needs.
Copyright © 2024 Electric Goat Media. All Rights Reserved.