There’s also a very gambler-centric mentality with the exclusive sales. If one hits, it’s BIG money. Very quickly. The problem is most don’t hit, and over 2022 the hits came less and less frequent. Hard for some people to walk away when they’re down when any day now the next big one will come and turn things around.
Yup, retailer exclusives are probably hitting the same part of the brain that gambling does. It becomes addictive for some…
What’s bothered me is the lack of accountability on the Frankie’s social posts. Sure, they are trying to be transparent, but I keep reading things like (paraphrasing here) “We’re given certain protections” and things like that. There’s no “we fcked up royally. We overextended ourselves and made bad decisions.” It’s as if these massive financial problems were simply bad luck. This didn’t happen to them. They did it to themselves. And, they can sugar coat it all they want, but the buyers and vendors/partners will absolutely get screwed.
All the buyers should be contacting their banks to do chargebacks…
YOU WILL NEVER GET YOUR ORDER
There’s also several posts now that are “we want to be transparent and open” and then shut off to comments after people start asking questions.
we want to be as transparent as possible but don’t want you wasting question.
In most bankruptcy cases, business or personal, it’s normally the person filing’s own doing.
When lawyers get involved, the less you put out there admitting wrong doing the better off you are. It’s all about what’s in their best interests at this point. Anything said publicly is just to keep people trying to get what they are owed at a distance.
I’ve seen all the FB posts. He wants to be transparent, but he doesn’t. I told people to simply decide what is more important to them. Your book that likely won’t be delivered, or getting your money back? Me personally i wouldn’t hesitate to get my money back. Especially seeing all the whatnot shows every day. There must be a solid 6 shows a day. Today they were selling damaged books in one of the shows.
And like most of these retailers, they are behind on cgc submissions. Imagine that
Land of the free though right. Smh.
Don’t get me started on how corrupt insurance companies are and how America is the only modernized nation with such a broken health care system. I studied this stuff for years to get my MPH and it disgusts me how we’ve commodified healthcare as an asset and not a human right.
And those people get a pass in those situations declaring bankruptcy. Nobody should walk into a hospital financially set and stable and walk out basically homeless. You’re almost better off just dying in such situations.
I am over here in the UK with the National Health Service. It’s not perfect, and currently under real strain in the wake of Covid and diseases that were not detected early enough during lockdown.
However, when we look at the US, it just seems bizarre that you have a system that can cripple people financially for no fault of their own. Since the 1940s we have cherished a system that is ‘free at the point of use’ and is maintained by taxpayers as a mutual support mechanism. Being ill is bad enough, without having to fear the loss of all you have worked for too.
I recall watching a documentary where a US charity set up to provide overseas aid had decided to run clinics in parts of its own country where people could not afford basic healthcare services.
I am not bashing the US, it’s my favourite place to visit, home of people I love and the birthplace of the comic books that have enriched my time on Earth. I am not a socialist or communist, but I think it is a basic human right to be able to access healthcare in times of need. Why poorer people in the US resist it boggles me, unless they like to see doctors, corporations and insurance companies grow ever richer?
Yeah I saw earlier. They were getting dogged on lol
There are a lot of unhappy customers. If the store pulls through they will lose a lot of business.
Bankruptcy in this type of scenario is just really delaying the inevitable I think… their business is already doomed, the bankruptcy laws just give them one last breath before they drown…
It’s going to help the bigger creditors get something back. Customers who ordered and didn’t get items will be the lowest priority.