Cause and effect?

circuitcity

Circuit City filed for bankruptcy today. Economy related? Probably, but not exclusively. A while back Circuit City restructured their compensation plan for their sales people, effectively reducing the pay of their top people. This caused many of their top sales people to leave. Sales dropped and now bankruptcy. Cause and effect? I think so.

Mitch

Advertisements
This entry was posted in Down economy, recession, retail, sales and tagged , , , , , , , . Bookmark the permalink.

One Response to Cause and effect?

  1. Pingback: Getting it right matters « Value Acceleration

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s