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        <title>Another opaque business decision - Money Talks - MoneyTalks&apos;s Blog - Bakersfield.com</title>
        <link>http://people.bakersfield.com/home/Blog/MoneyTalks/26056</link>
        <description>Sometimes you just can&#039;t tell why large companies do the things they do, as we witnessed in Linens &#039;n Things&#039; big announcement Friday.
That&#039;s the day the home furnishings and bedding retailer said it had filed for Chapter 11 bankruptcy protection (that&#039;s the one where the company gets to continue operating, free from debtor harassment, while it reorganizes its finances). No wonder there: The economy&#039;s down, and stores dependent on people buying and outfitting their homes are sluggish these days.
What&#039;s hard to understand is why the company chose to close the stores it did. Of 120 or so closings nationwide, 27 are in California -- and the one at 9300 Rosedale Highway isn&#039;t among the ones set to shut down, a spokeswoman for the Clifton, N.J.-based chain said Monday.
Clearly sales numbers would play into the company&#039;s thinking. But what drives that? Some folks have suggested that newer stores -- the ones with better merchandise and a more welcoming design -- are the ones staying open. So why not come out and say that, if that&#039;s the case?
All we got from company spokeswoman Susan Kenney was, &amp;quot;I can&#039;t say why that store wasn&#039;t chosen&amp;quot; to close. We honestly think it&#039;s the case that she hasn&#039;t been informed.
The company doesn&#039;t have to explain itself. For one thing, the company&#039;s no longer public (the Associated Press said in a report Friday that New York investment firm Apollo Management took the company private in 2006 for $1.3 billion). Private companies aren&#039;t generally obliged to discuss their decisions.
Still, we&#039;d sort of like to know.</description>
        <itunes:summary>Sometimes you just can&#039;t tell why large companies do the things they do, as we witnessed in Linens &#039;n Things&#039; big announcement Friday.
That&#039;s the day the home furnishings and bedding retailer said it had filed for Chapter 11 bankruptcy protection (that&#039;s the one where the company gets to continue operating, free from debtor harassment, while it reorganizes its finances). No wonder there: The economy&#039;s down, and stores dependent on people buying and outfitting their homes are sluggish these days.
What&#039;s hard to understand is why the company chose to close the stores it did. Of 120 or so closings nationwide, 27 are in California -- and the one at 9300 Rosedale Highway isn&#039;t among the ones set to shut down, a spokeswoman for the Clifton, N.J.-based chain said Monday.
Clearly sales numbers would play into the company&#039;s thinking. But what drives that? Some folks have suggested that newer stores -- the ones with better merchandise and a more welcoming design -- are the ones staying open. So why not come out and say that, if that&#039;s the case?
All we got from company spokeswoman Susan Kenney was, &amp;quot;I can&#039;t say why that store wasn&#039;t chosen&amp;quot; to close. We honestly think it&#039;s the case that she hasn&#039;t been informed.
The company doesn&#039;t have to explain itself. For one thing, the company&#039;s no longer public (the Associated Press said in a report Friday that New York investment firm Apollo Management took the company private in 2006 for $1.3 billion). Private companies aren&#039;t generally obliged to discuss their decisions.
Still, we&#039;d sort of like to know.</itunes:summary>
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