Comment by yterdy

Exactly. Its failure was a self-fulfilling prophecy imposed by PE (and other malicious financial actors). Like Toys R Us and many others, it was a stable but unremarkable business that might have been in dire straits at some point in the future if changes weren't made to update its approach. It was not, as others allege, "failing" - at least, not until PE came along and forced it into an untenable position. But that's what they do.