Comment on Remember when Target blamed theft for closing stores? It's all lies.

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punkwalrus@lemmy.world ⁨11⁩ ⁨months⁩ ago

You’re probably right, however, you can also be not profitable because of shitty business decisions, ineffective management, embezzlement, and inventory waste. It could have been the two kitchens and various levies and taxes in that location. If they had lines, it also means they had a finite cap of serving customers per hour, and if cost or any other of the things I mentioned could still outweigh what they made per night.

The unionization could have been a scapegoat, when they secretly declared bankruptcy, sold the assets and name to another owner, and reformed in a second location. That happens in nightclubs a lot in popular districts.

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