On: Fabric and craft retailer Joann to go out of business, close all of its stores

[alephnerd]

> At no point did Joann's require investment.

Inventory, salaries, rent, mortgages on stores, ERP, expansion, etc all cost money.

Yet if revenue remains flat or grows at a rate that is lower than the above inputs, you absolutely need capital.

[Blackthorn → alephnerd]

That's just restating the thesis. It's still begging the question.