I go there daily because it's a nice 30min round trip walk and I wfh. I go up there to get a diet coke or something else just to get out of the house. It amazes me when i see a handwritten sign on the door "closed, system is down". I've gotten to know the cashiers so I asked and it's because the internet connection goes down all the time. That store has to one of the most poorly run things i've ever seen yet it stays in business somehow.
Your responses imply that you think people are questioning whether you would lose money on the deal while we are instead saying you’ll get laughed out of the store, or possibly asked never to come back.
1: I doubt they're "with it" enough to put together a backup arrangement for internet.
2: Their internet problems are probably due to a cheapo router, loose wire, ect.
3: The employees probably like the break.
Good luck if you make this work for you, it would be exciting to hear about if you're able to get them to work with you.
EDIT: their last quarterly was 36%. they lost $3.7bn in 24Q4 -- the christmas quarter. sold to PE in Q1.
Why doesn't someone in the store at least have one of those manual kachunk-kachunk carbon copy card readers in the back that they can resuscitate for a few days until the technology is turned back on? Did they throw them all away?
And that was the day Visa had a full on outage. We would walk into one shop, try to buy stuff, get declined, then go into the next and get accepted because they were running in offline mode.
Got a nice big bill from my cellphone carrier for making the call to visa to ask them wtf as well.
How aptly descriptive.
The stores are in the hood or middle of nowhere. The customers don’t have many options.