• @untorquer
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      162 days ago

      *was never profitable.

      At least with Costco loss-leaders you get a hot dog and a drink.

      • Echo Dot
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        fedilink
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        112 days ago

        I am personally of the opinion that IKEA sells furniture as a loss leader, and their real business is Swedish meatballs.

    • @jj4211
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      32 days ago

      But now the companies sweating an explanation for why they failed to get to profitable can blame China instead of their own poor business plans.