Quote:
Originally Posted by 6793026
In tight situations, if the biggest collector served the legal documents, I'm sure bankruptcy would have been the case. For now, there's no proof they are going bankrupt.
Are they going thru a tough time, sure they are, esp. when there are 4 threads with ex employees voicing their concerns.
1) Shedding all real estate... DUH... happens all the time, which is why they closed Toronto. All the "retail" stores are more like pick up locations. Real estate is expensive = close down.
2) Customer Service non-existent, of course...any department with zero or huge revenue generating purposes = laid off.
Think about it. Average ~$60k per employee (salary & benefits) X 50 employees. That's $3 million dollars a year!!!! just for employees... (don't get me started on 3.5% raises per yr on yearly raises for inflation)
as to aalex's comment... errrrr, it's holiday season, like any other retail during Xmas, blakc friday time period at the malls... people get laid off after the rush is over... pretty common practice.... (target, amazon, Best buy, Nordstrom etc)
*not an employee or ex-employee of NCIX
|
Where are people getting 3.5% raises annually!? Rate of inflation is not even half that.
Quote:
Originally Posted by twitchyzero
i wish it was Anitec on Kingsway that survived, and NCIX that sealed its fate
i remember when NCIX weekly sales still meant something...even if they've always included MIR into their price lmao
|
Anitec was the shadiest computer store I've ever dealt with. Glad to see them gone.
Quote:
Originally Posted by _M2
Anyone still in retail sales should find another career path in the next 3-5 years. Just look at Toys-R-Us, Sears, NCIX, Future Shop.
|
But look at all the other retailers that are doing well. Toys R Us is not keeping up with the times. Most people still buying action figures and Lego aren't kids anymore. Kids these days want electronics.
Sears is just outdated with shady sales practices.
No point in keeping Future Shop as fake competition to Best Buy. Might as well keep the overhead down.