nothingcorporate@lemmy.today to Microblog Memes@lemmy.worldEnglish · 2 days agoRIP Toys R Uslemmy.todayimagemessage-square51linkfedilinkarrow-up1521arrow-down10
arrow-up1521arrow-down1imageRIP Toys R Uslemmy.todaynothingcorporate@lemmy.today to Microblog Memes@lemmy.worldEnglish · 2 days agomessage-square51linkfedilink
minus-squareBakkoda@sh.itjust.workslinkfedilinkEnglisharrow-up2·edit-21 day 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-up4·1 day 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.