Originally Posted by mstateglfr

sure- that's one way it's been explained.

ASI bought Performance a couple years ago because Performance was so heavily in debt that it would likely fail, so ASK bought it And absorbed their own loss, basically. That meant the setup was starting out in the hole and it was never able to recover.
high physical location costs being one of the reasons they had to do the buyout and were in the Red from the start.

Any big shop in a desirable retail location will have high occupancy cost. So the large brand stores suggestion I was responding to would have to account and plan for that high cost.