Originally Posted by blank
Loving how people are shocked that this closed. Think of the things that have closed during the recession. SCORES. SCORES closed because of the recession. A business built entirely on cash, probably tax-free, used to bring in up to $400K a night. Closed. Scores! closed! And you think Band of Outsiders is going to survive? Get used to it folks. SoCal is going to be starting a few of these threads over the next six months.
Most of the businesses built on loans will be the ones closing. From what I've read (admittedly little) Scores closed because of lost liquor licenses. It's hard to bring in revenue with cover charges alone at a strip joint. Business is infinitely more complex than shirts sold vs. other brands. Stop trying to compare BoO to other brands and pulling out supposed sales because it just doesn't work. And with this industry there's really no upfront payment. In order to get shirts made there needs to be payments to manufacturers and such. It's very credit-based.