Search found 840 matches
- Today, 9:25 am
- Forum: Restaurant Chains
- Topic: Red Lobster Considering Bankruptcy Filing
- Replies: 21
- Views: 766
Re: Red Lobster Considering Bankruptcy Filing
Chili's and Fridays have been closing stores for years and just announced a new round of closings. Applebee's continues to close stores and seems destined to become a mostly small market operation, at best. Denny's has had several rounds of closures---I think they benefited, over time, by the decli...
- Today, 9:18 am
- Forum: Restaurant Chains
- Topic: Red Lobster Considering Bankruptcy Filing
- Replies: 21
- Views: 766
Re: Red Lobster Considering Bankruptcy Filing
ClownLatch brings up some excellent points. I don’t agree chains have a natural flight — many (Denny’s,, Chili’s, Friday’s, etc.) have a managed to stay revelant even as their peers perished. And Texas Roadhouse continues to grow and thrive while Outback does the opposite… even though Texas Roadhou...
- April 21st, 2024, 10:38 pm
- Forum: Restaurant Chains
- Topic: Red Lobster Considering Bankruptcy Filing
- Replies: 21
- Views: 766
Re: Red Lobster Considering Bankruptcy Filing
ClownLatch brings up some excellent points. I don’t agree chains have a natural flight — many (Denny’s,, Chili’s, Friday’s, etc.) have a managed to stay revelant even as their peers perished. And Texas Roadhouse continues to grow and thrive while Outback does the opposite… even though Texas Roadhous...
- April 21st, 2024, 1:57 am
- Forum: Non Region-Specific
- Topic: 99 CENT ONLY closing
- Replies: 72
- Views: 2705
Re: 99 CENT ONLY closing
No additional discounts here. The Lake Forest locations were pretty much cleaned out last weekend. Foothilsl Ranch doesn’t even look like it’s going out of business. Still had most produce, all marked 50% off. That is a cursed location. Can't believe they actually bought the building. Why do you th...
- April 21st, 2024, 1:39 am
- Forum: Restaurant Chains
- Topic: Red Lobster Considering Bankruptcy Filing
- Replies: 21
- Views: 766
Re: Red Lobster Considering Bankruptcy Filing
In fairness, Red Lobster was never that big in SoCal. I’m thinking that it could not compete with plethora of fresh seafood as well as Asian restaurants throughout the area. California Fish Grill is a better product IMO, although it’s not sit down. We sometimes go to the location in Garden Grove. It...
- April 20th, 2024, 10:29 pm
- Forum: Non Region-Specific
- Topic: 99 CENT ONLY closing
- Replies: 72
- Views: 2705
Re: 99 CENT ONLY closing
No additional discounts here. The Lake Forest locations were pretty much cleaned out last weekend. Foothilsl Ranch doesn’t even look like it’s going out of business. Still had most produce, all marked 50% off.
- April 15th, 2024, 5:18 am
- Forum: Non Region-Specific
- Topic: 99 CENT ONLY closing
- Replies: 72
- Views: 2705
Re: 99 CENT ONLY closing
So the backrooms are STUFFED FULL in both Reno and Sparks. The stores are closing on or BY April 28 (some employees think they could be closed any second). So I asked what is happening to the stuff in the backroom. I was told they are going to pick it all up and nothing more is going to be stocked....
- April 15th, 2024, 5:15 am
- Forum: Non Region-Specific
- Topic: 99 CENT ONLY closing
- Replies: 72
- Views: 2705
Re: 99 CENT ONLY closing
Sparks 99 Only was told their last day will be April 28. They had previously been told June 3. There is still a LOT of product in the backroom at this store. They are not making much effort to get it out onto the sales floor. I am wondering if they will just pick it up and sell it in SoCal. It appe...
- April 10th, 2024, 9:41 pm
- Forum: Non Region-Specific
- Topic: 99 CENT ONLY closing
- Replies: 72
- Views: 2705
Re: 99 CENT ONLY closing
ClownLatch, There's a really good write up in today's LA Times about the fall of 99 Cents Only. * the company's assets are fully leveraged; * losses & cash burn rate are accelerating; * it has desperately sought out a buyer(s) and/ or new investors for quite awhile; * it has looming financial ob...
- April 10th, 2024, 1:28 am
- Forum: Non Region-Specific
- Topic: 99 CENT ONLY closing
- Replies: 72
- Views: 2705
Re: 99 CENT ONLY closing
ClownLatch, It’s prwtty clear the chain is losing money and had been for quite awhile. I don’t think there’s any real estate left to sell — an article published late last year mentioned that they had sold the Commerce property out of desperation to raise cash, and it was the last remaining asset ava...