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On Tue, 29 Jul 2008 14:04:12 -0400, BAR wrote:
D.Duck wrote: "hk" wrote in message . .. Bennigan's, Steak & Ale Close, File for Bankruptcy Protection By JEFFREY MCCRACKEN and JANET ADAMY WSJ July 29, 2008 12:47 p.m. National restaurant chains Bennigan's and Steak & Ale have closed their doors and filed for Chapter 7 bankruptcy protection, shuttering more than 300 locations and letting go of thousands of employees. It is one of the country's largest restaurant bankruptcies and eliminates two sit-down chains that have been part of the casual-dining landscape for decades. The chains will liquidate and aren't likely to re-open. Late Monday, managers at Bennigan's and Steak & Ale were told not to open restaurants the next day, according to two people familiar with the matter. Employees were told there wouldn't be enough money to pay them for the rest of the week, these people said. - - - Economic problems? What? Nah. They had lousy food. Really lousy food, I surprised they have been in business as long as they have. Yup. Bennigan's was one of the worst of the yuppie fast food places. |
#2
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![]() "John H." wrote in message ... Yup. Bennigan's was one of the worst of the yuppie fast food places. One of the few benefits of an economic downturn is that it weeds out the good from the bad, similar to an infrequent hurricane clearing the dead wood and weak trees. Eisboch |
#3
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On Tue, 29 Jul 2008 19:11:06 -0400, "Eisboch" wrote:
"John H." wrote in message .. . Yup. Bennigan's was one of the worst of the yuppie fast food places. One of the few benefits of an economic downturn is that it weeds out the good from the bad, similar to an infrequent hurricane clearing the dead wood and weak trees. I think their days were numbered more due to demographic changes, and how young people pick where they want to hang out. They were doing well during the early '80's recession, I think, certainly the early 90's. First time I was there was about '85. It was the hangout for yuppies. --Vic |
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