12-21-2015, 01:54 PM | #1 |
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JR Layoffs
JR Layoffs
Went by the Selma store yesterday. Parking lot had maybe ten cars in it. Store interior was a mostly empty wreck. Humidor was intact, just me and another customer inside and staff seemed pretty detached. Well-stocked cigarette counters set up just outside the humidor doors. Ditto the detached staff The rest of the place had a few stacks of t-shirts in odd colors/sizes and stuff like tin signs and bargain books that I guess nobody wants.
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12-21-2015, 02:00 PM | #2 |
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Thanks for the news. Walt. Sorry to learn of this though. Sounds like all that's left of Lew's company is a greatly diminished operation.
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12-21-2015, 02:28 PM | #3 |
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Only an MBA or a lawyer thinks lts a good idea to fire people close to Christmas. Bunch of people who need coal in their stockings this year.
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12-21-2015, 04:33 PM | #4 |
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I know that things change over time but whew...
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12-21-2015, 05:45 PM | #5 |
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The way they have ruined the industry leader is so few years is astonishing. They could write college business studies on how to ruin a company.
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12-22-2015, 06:40 AM | #6 |
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Who owns JRs now?
When did Lew sell the company?
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"Hey, I found a live one!" - Red Skelton as Freddy the Freeloader, picking up a discarded, but still smoldering cigar butt. |
12-22-2015, 06:47 AM | #7 |
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Altadis S. A. acquired controlling interest in 2003 I think.
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The power of accurate observation is commonly called cynicism by those who have not got it George Bernard Shaw The urge to save humanity is almost always a false front for the urge to rule it H. L. Mencken The welfare of humanity is always the alibi of tyrants Albert Camus The Land of the Free Because of the Brave |
12-22-2015, 06:50 AM | #8 |
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Transition has been going on about 8 years with Lews final exit about 5 years ago. As gumby said, its almost a case study of how mostMBAs don't know their assholes from left center field. I thought the story of Packard merging with Studebaker without reading the books was the ultimate corporate suicide. Apparently I was mistaken.
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Every time you think you've become too cynical, the world finds a way to teach you that the real problem is that you haven't become cynical enough Free speech is free speech is free speech. There is no qualifier. If you aren't outraged, you aren't paying attention. Never attribute malice to that what can be explained as stupidity. Unborn lives matter too. |
12-22-2015, 06:54 AM | #9 |
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With all the governmental intrusion into the tobacco business I don't fault Lew for gettin' while the gettin' was good.
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12-22-2015, 06:55 AM | #10 |
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I'm not the person to do this, but do we have someone who could write us a strong feature story on this?
I'm willing to bet that they're still making money, but it would be an interesting exposé.
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