Do they own that property? I can't imagine that putting a bunch of money into building something new in order to go up against Amazon in electronics retailing (where Amazon has limited overhead and the miraculous ability to not have to make any profits!) is in any way a winning move. Especially when (assuming they own the property) they could just cash out. But maybe they just like the business.
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- jim 6-03-2014 2:47 am