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http://www.transgallaxys.com/~emerald/files/MerchantsOfDeception.pdf I read this a few years ago (probably following a link from here) and found it informative. Its everything you ever wanted to know about how MLMs actually make certain people very rich at the expense of literally everyone else.
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Sep 20, 2016 22:50
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therobit posted:There's a mall near me that has a Macy's and a Ross, but has lost Sears, Toys R Us, Marshalls, and Nordstrom. They have a ice rink there that was doing decent lessons business pre-covid. When I went there the Saturday after Thanksgiving, everywhere but the ice rink was completely dead. It was just sad to see. The worst part is that while the ice rink was the only place doing lots of business, it used to be twice as large and got cut down in a mall remodel a decade ago. Part of me thinks the Ice Rink was originally a "loss leader" - even if busy it was breaking even or losing money because it's expensive to run, but as an attraction to bring people in to shop at the other stores it works out. If the rest of the mall wasn't making money it couldn't subsidize the Ice Rink any longer, and they down-sized it to lower the running costs.
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Sep 6, 2020 15:27
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