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Re:Fabric and craft retailer Joann to go out of business, cl... by alephnerd on Tuesday February 25, 2025 @11:54AM (#43174357)
> At no point did Joann's require investment.

Inventory, salaries, rent, mortgages on stores, ERP, expansion, etc all cost money.

Yet if revenue remains flat or grows at a rate that is lower than the above inputs, you absolutely need capital.

Re:Fabric and craft retailer Joann to go out of business, cl... by Blackthorn on Tuesday February 25, 2025 @12:17PM (#43174667)
That's just restating the thesis. It's still begging the question.