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Best Buy CEO Corie Barry made the announcement during an earnings call March 14, telling investors the company needs to strike a balance between its workforce and consumer interest. About 10 to 15 ...
The facilities are part of what has been called the Troubled Teen Industry. [1] Programs in the United States have been controversial due to widespread allegations of abuse and trauma imposed on the adolescents who are enrolled, as well as deceptive marketing practices aimed at parents. [ 1 ]
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The troubled teen industry has a precursor in the drug rehabilitation program called Synanon, founded in 1958 by Charles Dederich. [11] By the late 1970s, Synanon had developed into a cult and adopted a resolution proclaiming the Synanon Religion, with Dederich as the highest spiritual authority, allowing the organization to qualify as tax-exempt under US law.
Troubled teen programs like the one I was in fixate on deficits, often pathologizing normal adolescent behaviors to convince parents that long-term, costly residential treatment is required.
[10] The troubled teen industry has continued to be associated with Synanon and the various CEDU spin-offs. [11] Former students have made the assertion that CEDU was an acronym for Charles E. Dederich University, [ 12 ] while CEDU marketing materials claim, this stood for "See Yourself As You Are and Do Something About It".
Best Buy announced during its quarterly earnings meeting yesterday that it will close more stores than usual in 2021, USA Today reports. In the past two years, the store has closed 20 large-format ...
Bebe announced plans to close all stores and focus solely on online sales. At its peak, Bebe operated a total of 312 stores, but by March 2017, this was down to 172. [39] Bed Bath & Beyond announced in April 2019 that it would close 40 stores and also open 15 new stores that year. The company continued to struggle through the retail apocalypse ...