Is too much choice an issue and how do you decide what to buy?
Posted by: looklively
22nd Mar 2017 11:05am
mysteron347
- 24th Mar 2017 01:13pm
Well - actually, WW bought DS for $25M in 1986 and sold it for $115M in 2012. The collapse occurred after Anchorage Capital floated it for $520M in Dec, 2013. It was owned by WW for so long, it became associated with them in the public mind.
As for Masters - well from memory, the loss was about $600M, not billions. Still a lot more than I could fund out of my pocket. I offered Masters my services, having developed many of Bunnings' IT systems but was ignored. Seems vary strange that almost everyone in the country can tell you why Masters failed (didn't stock what was in-demand) but those in control couldn't. Seems to me that this tribe of theoreticians will simply move on to the next company to ruin at someone else's expense, oblivious to their own ineptitude.
But those two corporate octopuses certainly don't get my custom with their arrogant bully-boy attitude. I'll travel a long way to Makit or Mitre-10 rather than any of the close-by Bunnings, and grocery is now all IGA - despite higher prices over-the-counter. OK, Aldi, too now...
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