The Ann Arbor, Mich.-based bookseller has been in the midst of a turnaround for more than a year, during which it weighed the possible sale of its core business. But company executives said Tuesday that the progress made during that time will allow the company to stand on its own, even in the middle of an economic meltdown.
"We were making nice progress before the economic storm began," Jones said. "So basically we are in a mode right now where we are going to batten down the hatches ... .The storm is not going to last forever."
My Response: T here is a lot of conflict happening within this company. I wouldn't consider it to be competitive conflict, but more so cooperative conflict. The company found an effect to their lose in stocks, and found an alternative to correct the situation.
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