The upper management is inexperienced. An example is E. Jaffe, the ShopYourWay president. He was one of eddies hedge fund managers?!
1% avg commission and $6/hr for what was 4% and $4.50/hr a few years ago?! You do the math on a $5-10,000 week.
Where there were 6-10 associates on 8 registers in three big ticket departments, there is now 1 or 2 associates (and 3 phones).