It is not a traditional franchise model....all debt risk etc is held by the parent company ...there is no outlay for a franchise...anyone who understands how the business is run from day to day will realize you have two ppl in charge that were good at what they do/did 10 years ago and now need an injection of new blood new ideas ...the yes men need to go along with the current chair and CEO or say good bye Harvey's.
The property portfolio will only hold value for so long with the push to online the return on retail space over time can only diminish further....currently the infamous 2 prop up their other investments with decent Harvey's salaries bonuses etc....
I ask this if any other business with similar heads of were not performing and returning value to shareholders ....what would happen...????
Gerry has diversified very smartly with his personal investments now why not with Harvey's. Great name and great base why not expand? Horses...beef exports etc it's time to change and must start at the top!!!!!!
It is not a traditional franchise model....all debt risk etc is...
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