When the guy was pointing out the store Lids in the mall, I was asking this same question years ago. How the hell can a store that sells just hats in a mall that nobody goes to that always has at least 2 employees make any money????? I also like the Mattress Firm conspiracy too. How can a company with big stores and never any customers make enough money to even keep that store open?!
A number of years ago I listened to a podcast with Catherine Austin Fitts in which she asserted that the abundance of fake, legitimate looking businesses in America existed to launder money for the criminal ones.
Its wild man, doesnt make sense. You dont even have to be 'that smart' to realize you could never copy their business plan cause youd be broke by tomorrow lol
It's namely billboard advertising for some of these stores.
Lids does enough business, like Gamestop, in critical areas that malls (which are sadly a dead concept) serve more as a paid billboard that other successful outlets cover. And some states give them grants to retain certain employment within the city/state to get kickbacks from corpo loopholes.
Lids can afford it cause Pop's Hats small business can't.
When the guy was pointing out the store Lids in the mall, I was asking this same question years ago. How the hell can a store that sells just hats in a mall that nobody goes to that always has at least 2 employees make any money????? I also like the Mattress Firm conspiracy too. How can a company with big stores and never any customers make enough money to even keep that store open?!
A number of years ago I listened to a podcast with Catherine Austin Fitts in which she asserted that the abundance of fake, legitimate looking businesses in America existed to launder money for the criminal ones.
Its wild man, doesnt make sense. You dont even have to be 'that smart' to realize you could never copy their business plan cause youd be broke by tomorrow lol
It's namely billboard advertising for some of these stores.
Lids does enough business, like Gamestop, in critical areas that malls (which are sadly a dead concept) serve more as a paid billboard that other successful outlets cover. And some states give them grants to retain certain employment within the city/state to get kickbacks from corpo loopholes.
Lids can afford it cause Pop's Hats small business can't.
^
Plus I see more than just a couple consumers in Lids stores at popular malls. It's always packed in there.
Also, malls are dying.
An alternative explanation: the margins on certain products are so high (like mattresses), they don't need to sell that many to stay in business.