Quote:
Originally Posted by I-Hate-Hulse
I've been shopping at Supreme's for 30 years now - but they've been eerily silent since March. No Facebook/IG posts/emails whereas they used to send out something weekly. I hope they're still going.
O'Connor's seems to have an active online presence - but I know they are their own landlord (or at least were at one point).
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This could be the smartest thing they ever did owning their own property. Basically can shut down without worry of rent until this is over. Furlough staff and bring them back. Fixed costs are basically inventory, minimal heat, and property tax.
They may end up champs on the other side of this. Their competitors will be cheap suits on Amazon. Could be a good local story.