Alaskan Sea-Duction
Guru
- Joined
- Jul 6, 2012
- Messages
- 8,084
- Location
- USA
- Vessel Name
- Alaskan Sea-Duction
- Vessel Make
- 1988 M/Y Camargue YachtFisher
West Marine operates 237 locations in 38 states and Puerto Rico, as well as two e-commerce platforms reaching domestic, international and professional customers.
Two e-commerce platforms? I know about the WM web site. What other platforms do they own?
Interesting. I guess we knew this was coming. Maybe this will be a long-term home for the brand. Much as we all love to hate WM, they can be handy to have around sometimes.
This line had me scratching my head:
Two e-commerce platforms? I know about the WM web site. What other platforms do they own?
Port Supply?
Always amusing to hear or read corporate-speak in the media around transactions like this. Very similar to professional-sports-speak. I swear I could write generic corporate press releases all day with [insert company name here] instead of actual names and they'd be completely interchangeable. Just need to throw around words and phrases like "leverage company strengths" and "consumer-centric." Heck, I bet I could write a really useful AI app to generate the statements and make a pile of cash. And then I would get acquired by a huge venture capital conglomerate (that no one has ever heard of) and I could issue a press release about my own "exciting acquisition to take full advantage of organizational depth of resources as we embrace more innovative consumer focused strategies."
I could issue a press release about my own "exciting acquisition to take full advantage of organizational depth of resources as we embrace more innovative consumer focused strategies."
Um, yeah, except that the CEO of the lesser-known bank became the CEO of the merged banks. The COO of the lesser-known bank became the COO of the merged banks. In fact, after the merger, about 3/4ths of the executive management were from the lesser-known bank. Board meetings were moved to the city of the lesser-known bank. The few executives that were retained from the well-known bank had their offices moved to the city of the lesser-known bank.
Right. Our company was part of a “ merger of equals “ except the other company was press releasing “takeover”. Lol
Always amusing to hear or read corporate-speak in the media around transactions like this. Very similar to professional-sports-speak. I swear I could write generic corporate press releases all day with [insert company name here] instead of actual names and they'd be completely interchangeable. Just need to throw around words and phrases like "leverage company strengths" and "consumer-centric." Heck, I bet I could write a really useful AI app to generate the statements and make a pile of cash. And then I would get acquired by a huge venture capital conglomerate (that no one has ever heard of) and I could issue a press release about my own "exciting acquisition to take full advantage of organizational depth of resources as we embrace more innovative consumer focused strategies."
I'll make a billion dollars and then I can buy the Nordie.
Don’t forget synergies and ubiquity!Always amusing to hear or read corporate-speak in the media around transactions like this. Very similar to professional-sports-speak. I swear I could write generic corporate press releases all day with [insert company name here] instead of actual names and they'd be completely interchangeable. Just need to throw around words and phrases like "leverage company strengths" and "consumer-centric." Heck, I bet I could write a really useful AI app to generate the statements and make a pile of cash. And then I would get acquired by a huge venture capital conglomerate (that no one has ever heard of) and I could issue a press release about my own "exciting acquisition to take full advantage of organizational depth of resources as we embrace more innovative consumer focused strategies."
I'll make a billion dollars and then I can buy the Nordie.
I have to say, that I suspect covid-19 might not really be the reason the doors are still shut.
Always amusing to hear or read corporate-speak in the media around transactions like this. Very similar to professional-sports-speak. I swear I could write generic corporate press releases all day with [insert company name here] instead of actual names and they'd be completely interchangeable. Just need to throw around words and phrases like "leverage company strengths" and "consumer-centric." Heck, I bet I could write a really useful AI app to generate the statements and make a pile of cash. And then I would get acquired by a huge venture capital conglomerate (that no one has ever heard of) and I could issue a press release about my own "exciting acquisition to take full advantage of organizational depth of resources as we embrace more innovative consumer focused strategies."
I'll make a billion dollars and then I can buy the Nordie.
You left out enhancing the customer experience. Things are definitely trending in that direction. But let me circle back and loop you into that discussion.
Always amusing to hear or read corporate-speak in the media around transactions like this. Very similar to professional-sports-speak. I swear I could write generic corporate press releases all day with [insert company name here] instead of actual names and they'd be completely interchangeable. Just need to throw around words and phrases like "leverage company strengths" and "consumer-centric." Heck, I bet I could write a really useful AI app to generate the statements and make a pile of cash. And then I would get acquired by a huge venture capital conglomerate (that no one has ever heard of) and I could issue a press release about my own "exciting acquisition to take full advantage of organizational depth of resources as we embrace more innovative consumer focused strategies."
I'll make a billion dollars and then I can buy the Nordie.
So wasn't WM acquired a few years ago with the promise they would get back to boat stuff and less cloths?
Yeah but their admitted ultimate goal was to get the company in good enough shape to sell at a profit.