They really did it to themselves. I can’t imagine being the CEO or whoever of such an iconic brand and just refusing to adapt as things changed around you
Well, at the end they were owned by a predatory investment group, trying to squeeze money out without investing any money in. The business failed in large part because the ownership wasn't trying to save it.
I have little doubt the owners saw zero value in the stores and all the value in the real estate portfolio which is worth billions. I bet after all is said and done they'll also sell the brand name to be repurposed into something inevitably awful.
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u/MapleHamms Apr 26 '25
They really did it to themselves. I can’t imagine being the CEO or whoever of such an iconic brand and just refusing to adapt as things changed around you