Select Comfort Corp. Layoffs

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Topics regarding layoffs at Select Comfort Corp.

Heads will begin rolling soon at the retail level.

After months of sluggish sales and gigantic rates of cancellations and returns, blame is being shifted from where it belongs (corporate) to retail employees from coast to coast. The people who actually do their jobs will become the fall guys for... read more
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426 views | 1 reply ()

Predictions for the first round of store closings.

I heard these three cities mentioned, though I can't say if these are definite, as I had to quit eavesdropping: Grainger, Indiana; Saint Joseph, Missouri; and Abilene, Texas.
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367 views | no replies

Siebel / The Keystone Conversion Disaster

The Keystone conversion disaster(also known as Siebel) is where this so-called technology company switched out its master computer system in a really stupid manner. Retail stores, factories, delivery, customer service and all departments were put on... read more
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503 views | 2 replies (last )

Store Closings, Yes. Massive, No.

There are a handful of store closings planned for the 1st quarter of 2016. But they won't be "massive," as described in a previous post. In market areas where we have multiple locations, and where sales have been less than spectacular, one or two... read more
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429 views | 2 replies (last )

There's a golden parachute plan for top executives.

Think about it. Why are customers who've cancelled their orders not being given instantaneous credit on their bank cards? Could it be a ploy to keep the money until after the company files bankruptcy? Any of us who've ever had a customer go bankrupt... read more
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423 views | 3 replies (last )

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