Klarinet Archive - Posting 000000.txt from 2006/12

From: "Kevin Fay" <kevin.fay.home@-----.net>
Subj: RE: [kl] WWBW Bankruptcy -- to set the record straight
Date: Fri, 01 Dec 2006 01:47:40 -0500

Rommel John Miller posted:

<<<Something is more rotten here than meets the eye, for WWBW was too big,
too massive, too much a presence like K-Mart or Walmart to suffer this
defeat, some deeper, unknown and nefarious reason for its demise must be at
the source of its fall.>>>

Huh? Kmart filed for bankruptcy in 2002, leading to their merger with Sears
in 2005. It had $17 billion in assets when it filed for Chapter 11
protection. Was this the result of being "nefarious," or perhaps just some
poor inventory management? It's very possible to be big and go broke.

WWBW is hardly a big retailer, though. It had what - two stores? While
they're big in the mail-order music business, perhaps, as retailers go they
are tiny.

A *single* Wal-Mart averages over $50 million in sales per year. (There are
over 6,000 of them.)

I bought a ton of stuff from WWBW over the years - a clarinet, two
saxophones, a flugelhorn and a closet full of mouthpieces and other stuff.
They could be slow at times, but I always found them helpful.

kjf

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