GREY:GLNIF - Post by User
Post by
PRObonoon Jul 02, 2013 8:35pm
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Post# 21585467
Diamond in BJ's Clubs...
Diamond in BJ's Clubs...FACTS:
-BJ's currently has 191 stores in 15 states.
-Verizon has been operating and staffing kiosks in all BJ's since 2005.
-Diamond has no start-up costs, no staff to hire, they simply take over the kiosks from Verizon on August 1st and instantly starts making profit.
QUESTIONS:
-Why did Glentel say 12 states instead of 15 in their press release?
-Why would Verizon simply hand over the operation of this profitable BJ's chain to Diamond?
-No mention of the cost for taking this over from Verizon?
-Could this be part of a bigger deal that involves Verizon coming to Canada and being sold in over 400 Glentel stores? A contract sweetener?
-Is Glentel being secretive about this deal because there's a bigger deal in the works?
PRObono