She is partially wrong. Joann’s “was” profitable during Covid (like most big chains i.e, Home Depot/Lowe’s, Best Buy) and she’s regurgitating info based off of those years. But every year prior and post Covid Joann’s has not been profitable. Don’t even get me started on Hooter’s. Hooter’s has been struggling financially since before the 2008 collapse.
But she’s not wrong also. Over the years companies like Toys R Us, Sears, Circuit City, Bed Bath and Beyond and plenty more have been targeted hits by these financial institutions. One exception that completely got jammed-up is Game Stop.
She is partially wrong. Joann’s “was” profitable during Covid (like most big chains i.e, Home Depot/Lowe’s, Best Buy) and she’s regurgitating info based off of those years. But every year prior and post Covid Joann’s has not been profitable. Don’t even get me started on Hooter’s. Hooter’s has been struggling financially since before the 2008 collapse.
But she’s not wrong also. Over the years companies like Toys R Us, Sears, Circuit City, Bed Bath and Beyond and plenty more have been targeted hits by these financial institutions. One exception that completely got jammed-up is Game Stop.
I believe it to be intentional. Setting the stage for online shopping with social credit score to follow.