Quote:
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"Closing stores is never easy, given the impact on hard-working employees and local communities," said Robert A. Niblock, chairman, president and CEO. "However, we have an obligation to make tough decisions when necessary to improve profitability and strengthen our financial position."
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Not to get political or anything , but I think this is really sad. I work for a publically traded company and have seen colleagues laid off so the company can improve the bottom line for shareholders. These were colleagues with little kids to raise.
Three NH stores are closing. I feel for the employees and families who are affected.
Wondering...was there ever a time in our history when companies said "while we may not have been as profitable as we like this past year, we wanted to keep our employees working...it was the right thing to do."