Apparently it was so sudden that not even the employees knew about it! They showed up to work the other day and their stores were locked up with all the lights off.
I couldnt find any articles just yet about this, but here is one that actually foreshadowed this happening. The article talks about how Friday's failed to renew their leases on buildings.
You can read about it here
It's extremely shocking how sudden this all was. What an interesting choice by the executives.
I can't imagine how poorly the CEO ran Fridays, i know they make a lot of revenue, but the sudden actions of closing the stores without even notifying the employees seems to support my theory of their poor leadership skillz.
No comments:
Post a Comment