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A Question for Neil F


The Whippet
Dec 5, 2003
since you always provide spectacular financial analysis...

I was walking down the highstreet on saturday, and saw that Sports Direct had moved into the lot vacated by JJB when it went bust in October, just months after Sports Direct had had the opportunity to save JJB, but decided not to.

Obviously, this is a bit of a cheap shot move, and meant 12 people were made unemployed over xmas who needent have been, but probably for Sports Direct made perfect financial sense

It got me thinking, in an era where companies seem obsessed with satisfying external stakeholders, seeminly a number of companies that act like b@stards and with contempt for their customers and society alike (eg Sports Direct, Ryanair ... and especially their principle owners etc) appear to be doing quite well, and would more companies adopting an approach more focused on the bottom line, rather than external stakeholders, have left the economy (and the highstreet) in a better or worse state?