The Biz
The inevitable is upon us, and It appears the fuckin’ hillbillies in FLA ain’t buyin’ enough overpriced Yeti coolers and “Nauti-Girl” t-shirts for their fake-titted baby mamas…
And you have to love that even as West Marine bleeds money, the corporate geed ethos continues, no matter what…
Florida got hit the worst as a bankrupt West Marine closes 56 stores nationwide, with Floriduh getting eight stores closed. Michigan, Washington and California followed with five closings in each.
Additionally four stores each in Maryland and South Carolina, and three stores in Ohio and New Jersey. In all, 23 states lost at least one store. (List below)
Meanwhile Trade Only Today is reporting that company’s former chief executive officer received a $1.2 million bonus and that current CEO Paulee Day received an undisclosed amount of “retention bonus” money 16 days before the company filed for bankruptcy in mid-May.
Read on, thanks to Peter Swanson of the Loose Cannon.
