[yesod]

From what I can see: Franchisee entered into a consignment agreement to sell the lego. They were not allowed to do that, so corporate took over the franchise.

BUT rather than unwind the agreement and return the lego, they just kept it. Argued for it to be dealt with legally. It was, they lost, so they closed down the store rather than return the lego.

[dbeardsl]

> They were not allowed to do that

Incorrect as the article points out with an image of the contract:

> However, it was brought to my attention by site user @luddevig that Chrystal Law, the Bricks & Minifigs Salem-Keizer store's original owner, was able to pull the franchise agreement between her and and the B&M Corperation, that clearly states that consignment is allowed.

[yesod]

Yup, agreed. B&M making every PR screwup you'd expect!

[abirch]

They hired a PR firm that was looking at the base case and those averages. As Nassim Taleb points out, we live in Extremestan. No idea what the value was of the Bricks and Minifigs, but I'd be shocked if it hasn't dropped by 2 or 4 million dollars. Their biggest moat was their reputation.

[usehand]

According to the former franchise owner this is a lie from corporate and they were indeed allowed to sign consignment agreements. They showed a contract that says as much as evidence.

[sylos]

Incorrect.