Thread: B & N selling itself to stay afloat.
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Old 10-16-2018, 11:23 AM   #39
Nate the great
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Quote:
Originally Posted by ZodWallop View Post
Vultures have their place in ecology.

I'm a very liberal 'let's save everyone and hug them too!' type. But really, Toys R Us or [insert company name here] wouldn't have been in that position if their business was run well in the first place.

Sears was bought out so the successful brands could be parted off. But if Sears as a chain of stores was still a successful business idea that was run poorly, it would have been rescued.
Nope.

One of the problem with the news industry right now is that financially healthy local newspapers are being bought up by venture funds and systematically strangled. Killing the golden goose is quite profitable.
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