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.

"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.

On Tue, 29 Jul 2008 13:40:38 -0400, "D.Duck" wrote:



They had lousy food.

Had an excellent crawfish etouffe at the one on Michigan Avenue years
ago. Perfect crawdads, black beans rice and a real good sauce.
Next time there it was off the menu. Cook probably quit.
Wonder how TGIF is doing. Seems to be basically the same model.

--Vic

"Vic Smith" wrote in message
...
On Tue, 29 Jul 2008 13:40:38 -0400, "D.Duck" wrote:



They had lousy food.

Had an excellent crawfish etouffe at the one on Michigan Avenue years
ago. Perfect crawdads, black beans rice and a real good sauce.
Next time there it was off the menu. Cook probably quit.
Wonder how TGIF is doing. Seems to be basically the same model.

--Vic

Lousy food there also. Of course these are just my opinions and you know
how that goes. Opinions are like belly buttons, everybody has one.

On Jul 29, 12:53*pm, Vic Smith
wrote:
On Tue, 29 Jul 2008 13:40:38 -0400, "D.Duck" wrote:

They had lousy food.

Had an excellent crawfish etouffe at the one on Michigan Avenue years
ago. *Perfect crawdads, black beans rice and a real good sauce.
Next time there it was off the menu. *Cook probably quit.
Wonder how TGIF is doing. *Seems to be basically the same model.

--Vic

To me, TGIF, Ruby Tuesday, and Applebees.

Throw 'em in a bag, shake 'em up, pour 'em out, and you can't tell
much difference....

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.

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.

"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

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