TDbiker Posted August 3, 2012 #1 Posted August 3, 2012 Saw this article in the local newspaper this morning: http://www.southernminn.com/faribault_daily_news/news/article_8c1f0cf5-24b3-5c3c-ac32-442eae3c96e6.html They have always been fair to me, and a friendly place to shop. I think they just took on too much debt at the wrong time, not that they could see a recession coming.
Condor Posted August 3, 2012 #2 Posted August 3, 2012 Saw this article in the local newspaper this morning: http://www.southernminn.com/faribault_daily_news/news/article_8c1f0cf5-24b3-5c3c-ac32-442eae3c96e6.html They have always been fair to me, and a friendly place to shop. I think they just took on too much debt at the wrong time, not that they could see a recession coming. We lost a couple....3 independants a few years ago, and I'm a little surprised that more 'Brands' didn't go under. Thinking about it... maybe it was because they are all aligned/owned by bigger diversified businesses??? Stand alones just don't have the resources to weather the storm....
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