It’s doing what, a couple hundred million in online revenue unprofitably?
In what world is Pier 1's e-commerce business and branding worth $20 million dollars. That's not even the agreed price, that's just the opening bid of an auction. Just another stupid private equity company with too much money.pic.twitter.com/9tTTORWnOJ
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yes, the "wayfair model"
I don't know if the website as a standalone makes money or not.
What most people don't realize is that it might not be possible to operate it at the same cost without the stores. The stores are the scale that gives your site competitive advantage. - 1 more reply
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I recoiled when I heard IP. Y'all ever been in one of those stores?
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not for many many many years
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