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Re: this sounds phony
@TheMCP (1) He was talking about working the service desk, not the checkout aisles. Presumably this store has their own credit card, and he was handling payments for the store's branded card.
However, just because a chain of stores is dying doesn't mean the whole economy is in the straights. It could be some store like Sears where it has an image of being built for the World War II generation, or it could be focused on overpriced electronics when cheap electronics are the norm.
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