West Marine reports record cash flow for '09, returns to profit
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#1 Mar 16, 2010
Sounds like Katrina hit Boaters World harder and they couldn't recover. Congradulations to this team of execs. But, 7.6 million in bonuses, umm, that is not necessary. Millions of Americans are out of work and money like that could keep a family from foreclosure, unemployment, food stamps and homelessness. Millionaires and billionaires have done very well in the last year and they will buy high end mechandise and services. Giving millions in bonuses is not helping the company image. If I was a stockholder I would speak up.
#2 Mar 16, 2010
Last time I checked they were in business to make money! Why dont you keep your whiney hippie shyte to yourself!
“End Corporate Domination!”
Since: Oct 08
#3 Mar 16, 2010
Maybe other businesses can benefit from the WestMarine strategy: Double your prices on everything, triple or quadruple the prices on some things.
It's a great strategy, when you're a monopoly.
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