Quote:
Originally Posted by TGS
Large multiples closing physical stores cannot be taken as a sign of their businesses declining. Shutting stores is part of maximising profits.
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Our county is the size of Delaware and we have two Books a Million in that entire area now.
I think in the case of our B&N, they couldn't strong arm a sweetheart deal since their lease was up. The sad thing was B&N said they weren't going to close that store when the local paper start publishing rumors that the lease was not going to be renewed. A B&N rep said they were here for the long term and then a month later announced they were shuttering the store.