Tuesday, July 17, 2007

Quick update - Thralow.net site sales down, Netshops letting Thralow reps go

Just want to pass on a very interesting email I received the other day:

Thralow site telephone sales are down 80% since Netshops took over. Dan Thralow was fired by Netshops. They also fired one of the Thralow transitional employees without cause and he had to sue them for his severance. They have only one Thralowite left down thereand that took a six figure severance to buy his loyalty.


Wow. If this is true, I can just hear the spin coming out of Doug "Well, its taking some time for us to understand the product and the market. We've never done optics before, so it might be a while before it is profitable for us. We started out with just Hammocks and turned it into 150+ stores - and we can do it with these stores too. It will just take time. We knew that going in and expected it." While behind closed doors, upper managers are very carefully answering questions, for fear they'll hear Doug utter those famous words "We need to go in another direction" and they'll be packing a box before the day is thru. (Kind of like he did with Vince and Dale....)

1 comment:

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