How much longer do you think Sears Portait Studio has until it goes under? Leave your guesses in the comments so that later you can link it to your friends and say "I called it!"
To make it extra fun, let's guess the specific date they declare bankruptcy or close their doors .
I'll guess the announcment comes 12/31/09. Maybe that's too pessimistic a guess, but it seems like they would do it after their most profitable period and before things got really slow.
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Why you don't want to work for or invest in CPI Corp. Updated as it comes in.
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8 comments:
Didnt they just renew their contract with Sears for another 6yrs? Will that have anything to do with it?
yeah and the fiscal year doesn't end till February...
CPI was in a death spiral when they negotiated the Sears contract. Sears now has them by the balls, and could actually kick out Cheat People Inc. (CPI) and take over the portrait studios themselves. Stranger things have happened...
I don't think the contract has anything to do with it. Do you mean that having 6 years means they'll be around 6 more years? The contract won't also make CPI exist for six years.
And if you meant does a 6 yr contract mean they plan to exist for 6 years? I wouldn't say so. No matter what the situation is, they're always planning to always exist. They're not going to give up and say "eh, we'll probably only last for 2 yrs so lets just make it for that"
Saddly they are pulling there heads slow out of there pockets, lol, as of June so many compainies are going under, and I am sad to report that Cpi may get a ton of apps from realy qualified canadites so they may actually save them self. Not because they don't dtill suck, but because people need the jobs! Still say end of the fiscal!
im gonna go with august of 2009 thats the slowest season and i think we are gonna go under before we get to the xmas season.
^^^
August may be the slowest season in your store... but July & August is 4th busiest in ours.
1. Christmas
2. Easter
3. Valentine's Day
4. July-August (Who Knows??)
July/ August is busy because ppl want school pics done..... at least thats the biggest reason we here at that time of year.
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