Fabric and craft retailer Joann to go out of business, close all of its stores

Re:Fabric and craft retailer Joann to go out of business, cl... by wrs on Tuesday February 25, 2025 @04:06PM (#43177395)

I guess the lesson here is that a leveraged growth strategy is a one way journey.

[ Parent | on HN ]

Re:Fabric and craft retailer Joann to go out of business, cl... by alephnerd on Tuesday February 25, 2025 @04:24PM (#43177631)

You can succeed with a leveraged growth strategy, such as Nike. A strategy is a tool - it works good in some cases and less well in other cases

[ Parent | on HN ]

Re:Fabric and craft retailer Joann to go out of business, cl... by wrs on Tuesday February 25, 2025 @06:37PM (#43178917)

I meant one-way in the sense of "one-way decision". If you don't succeed, it's very hard to go back.

[ Parent | on HN ]