Disney similar to Circuit City?

wilsonhanks

Member
Original Poster
Should Disney take advice from this quote taken from the AP

Very, very sad," said Alan L. Wurtzel, the son of company founder Samuel S. Wurtzel, and the chief executive from 1972 to 1986, board chairman from 1986 to 1994 and vice chairman until 2001. "I feel particularly badly for the people are employed or until recently were employed."
Wurtzel has previously said Circuit City didn't take the threat of rival Best Buy Co. seriously enough and, at some points, were too focused on making a profit in the short term instead of building long-term value.
Circuit City filed for Chapter 11 bankruptcy protection in November as vendors started to restrict the flow of merchandise ahead of the busy holiday shopping season.
 

WDW1974

Well-Known Member
Disney isn't going the way of Circuit City ... but the comment on being too concerned with short term results is certainly true.

That's been the problem with the company for well over a decade now ... and it results in the loss of quality and long term brand degridation.
 

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