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.
It seems like an easy problem to fix and a retail store being closed for a whole weekday because of inet access sounds crazy to me.
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.
