Tag Archives: bankruptcy

Cause and effect?

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 … Continue reading

Posted in Down economy, recession, retail, sales | Tagged , , , , , , , | 1 Comment

Retailers biting the dust

Mervyns, a California based retailer declared bankruptcy earlier this year and just announced that they were going to liquidate as they could not find a buyer or appropriate financing to continue. No doubt many will ascribe their demise to the … Continue reading

Posted in customer loyalty, customer satisfaction, customer service, recession, retail | Tagged , , , , , , , , , , , , , , , | Leave a comment