RE:RE:RE:RE:RE:RE:RE:RE:Insolvency Filings Incoming? > What money has been pumped back into growth the last five years exactly
They've added stores (liberty village off the top of my head) and reno'd existing, they've added services and product
> but their revenue has stagnated/decreased from years prior.
because they've been closing existing stores for renos. Check the news history.
> Profit matters after 16 years of being in operations.
The company was profitable when it was private. When they went public it was for the express purpose of expansion/growth with the likely motive being a buyout by another larger food retailer.
Maybe they could go insolvent.. If they did it wouldn't be because of lack of value. They have operating locations, operating e-commerce, they have a CLEAR niche, the brand is good, stores are good. They have revenue.. and like I said, they completed two or three existing store overhaul renos in the last few quarters which cut into revenue because the stores were closed during renovations. It would be really strange if other store retailers with money didn't see the value in this company. There is huge value. Watch revenue this quarter. Maybe I am wrong? Totally could be that the lender demands the money, no other investor steps up and the business is forced into bankruptcy.. But that would lead to a buyout. They are a listed company with a bunch of stores, good brand and good revenue.