Comment by dbeardsl
18 hours ago
> They were not allowed to do that
Incorrect as the article points out with an image of the contract:
> However, it was brought to my attention by site user @luddevig that Chrystal Law, the Bricks & Minifigs Salem-Keizer store's original owner, was able to pull the franchise agreement between her and and the B&M Corperation, that clearly states that consignment is allowed.
Yup, agreed. B&M making every PR screwup you'd expect!
They hired a PR firm that was looking at the base case and those averages. As Nassim Taleb points out, we live in Extremestan. No idea what the value was of the Bricks and Minifigs, but I'd be shocked if it hasn't dropped by 2 or 4 million dollars. Their biggest moat was their reputation.