Swisswings cites high fuel prices and overexpansion into non-profitable markets as reasons for the setback. |
Industry insiders suggest a mixture of greed, overexpansion and simple overfamiliarity has knocked the shine from certain formerly invincible megabrands. |
It has posted four consecutive quarters of declining same-store sales, with overexpansion causing its Gap, Banana Republic, and Old Navy divisions to cannibalize sales. |
If a manometer's tube should burst, the chemical seal's diaphragm is protected against overexpansion, blocking any product leakage. |
However, overexpansion saw the firm eventually acquire huge debts. |
But now the chain's fortunes have collapsed under the weight of mismanagement, overexpansion, and accounting probes. |