Just heard that B. Pugh announced 25% layoff in purchasing department and major restructuring. Must be in anticipation of less merchandise needed. LOL
Seriously - I am saddened for those that are affected. This company does not need to destroy so many folks lives and yet they continue to so ruthlessly. I do not think it makes that much difference to the investing public, however I firmly believe it makes a BIG difference to the companies reputation and has and will continue to damage its overall financial picture.