November 20, 2012 at 12:40 am
#777750
Bostonman
Member
The unions responsibility lies in the fact that they accelerated the closing. The company appears to be mismanaged from top to bottom. It is clear from the cash flow statements and the financial statements that there was no real effort made to solidify distributions and eliminate the loss leaders.
In the end its a combination of mismanagement from the lowest employee to the CEO coupled with an America that is more health conscience than ever and the future wasn’t bright for them.