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Old 08-11-2014, 06:26 AM   #248
tis
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Quote:
Originally Posted by jeffk View Post
Rusty, you speak as if they haven't been involved simply by being employees.

Who knows for sure what might have happened but with the ASD attitude of getting their money out of the business it is very likely that MB would NOT have been a strong competitor as a low price market. Given the current state of the stores it's not clear that the ASD folks know how to run the business. To get their money out of the business prices would probably have gone up, employees cut, and other cost cutting measures taken that would have impacted employees and customers. It might not have happened right away but MB would likely have lost it's niche, lost business, and sold off or closed.

At that point, and probably long before, jobs would be lost and working conditions deteriorated. Employees have been trying to convince the ASD group that they are headed in the wrong direction. This is enlightened self interest. They are trying to save their jobs and a business they like working at. You are suggesting employees should go quietly as lambs to a slaughter?

Employees may be shocked but probably because the ASD management is willing to let a viable business implode.

Also, I'll bet ASD has lost far,far more in current share value over this mess then ATD's father "took" from ASD's father. ASD is cutting off his nose to spite his face. Vendettas can be expensive!
What I wonder is how did ALL the employees know all this? Most people don't even listen to the news, I am shocked that these employees knew so much about the company finances.
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