Closing Sanrio Stores Did Sanrio Made a Mistake?

I replied to an older post about Sanrio in closing it stores has got me thinking.  What is not  widely reported  was Sanrio  was closing its company stores and pushing owner operators to  buy back stores and run them as independent Sanrio stores.   I know this true because I talked to the previous owner of the closed Washington Square store In Oregon. Sanrio wanted her to buy back the store , but at her age, she  decided to retire instead.

Now two years later, I think the way Sanrio approached pulling out of the retail market was the wrong decision. They should had  push spinning off the stores  than outright closing them and relying on big retailers.