• Snowclone@lemmy.world
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    3 hours ago

    Well Kmart when they were still open, was doing this to drive the company into the ground so the CEO, who owned all the debt the company had personally, could sell the company for all the pieces, land ownership, brand ownership, production and shipping elements. Why other companies do it I can’t imagine why. You’d think all of them aren’t trying to do the exact same thing.