Management suck7 Jul 2023 10:01
there is a reason why this has dropped from £ 57 high's to low 3's . the market forward in it's thinking is saying that management suck .management on every bad decision blame it on a set of phenomenons but if you keep repeating than it's called a regular occurance. their decision making is beyond negligence but utter incompetence.
they have software in place where you order from merchants a particular quantity and nowadays you can order for the week you can also negotiate with merchants a returns policy of unsold items .
they basically dismissed the algorithms and thought that sales would projected to follow the pattern of the previous sales.
i think they call it greed and no real provision was made it the event of a slowdown in sales .
the market is saying management are poor and untrustworthy!! when you are lumbered with 800m worth of surplus tat the market losses confidence in your ability to manage.
it would be best for a complete clear out of all that we're involved in that cluster **** decision making , until than the market will always have doubts in their ability.