They are an actual retailer who sells actual stuff, but it’s hastily assembled import stuff that is a cheap knockoff of someone else’s design that will hold up for about a year.
Perfect for house flippers, teenagers, and suburban housewives who crave a constant new look, but it’s not keeper stuff. It’s barely worth the heavily discounted prices they advertise.
On the other hand, they lost bigly to the degree that they’re now a highly flagged waypoint in the legal battle for your interstate sales tax dollars, so I’m sure their lawyers are even MORE comfortable in their own cushy offices.
…and we find ourselves at a place where we are, from an execution standpoint, investing in too many disparate areas, with an uneven quality and speed of execution.
In simple terms: We got burned on our investments and are running out of cash fast. Thus, all of you, scram, you’re fired! Here are extra words to make you feel better, though.
Years ago, I was the first of a round of layoffs. I was going to be out of town, so they had to axe me two days before they dumped 40% of their IT staff.
I was in the middle of some database updates when the CIO came into my office and told me. I was in the middle of some database updates, and told him I needed to finish or their ERP system was going to be down in the morning.
So he sat down in the chair and waited. After about 60 seconds, I said, “Listen, if I wanted to fuck you guys over, I would have just left.” He shambled out of my office in semi-embarrassment, asking if I could keep my termination quiet until Friday.
People make it really hard to take the high road sometimes.
