This should be a wake-up call to the board and management to get the core operations back in line. Even if this means a one-time write-off of merchandise, etc. Agree with an earlier post, that internet sales by auction sites have cut into some of the sales of excess merchandise. Middle class people used to comb the "nearly new" and pawn shops on weekends - now they are looking at Ebay, Amazone.com, etc. Time for a joint agreement with a web site??