|
Bertuccis is next. Sad as it's one of only two restaurant chains I like. https://www.bizjournals.com/boston/news/2018/04/16/bertucci-s-files-for-bankruptcy-to-close-15.amp.html
|
#
?
Apr 17, 2018 17:14
|
|
|
|
| # ? Apr 26, 2024 18:58 |
|
|
Evil SpongeBob posted:Bertuccis is next. Sad as it's one of only two restaurant chains I like. quote:[Bertucci’s] has agreed to offer jobs to “substantially all” current Bertucci’s workers, according to Connell's filing. Can someone explain this to me? Surely the total number of jobs in the organization is about to go down. How can they offer a position to “substantially all” (???) of their current workforce?
|
|
#
?
Apr 17, 2018 18:58
|
|
|
They're being bought out by Right Capital. They're not closing yet, they'll just restructure their corporate, cut BOH wages, then cut the money spent at all their stores, and change their management and FOH/BOH workflow, all while marketing this as a "change for the better". Then shut down a couple of stores for not performing at 400% of expected earnings, then cut wages again. Then just shut everything down because no one needs mid-tier pizza chains. Chain restaurants, especially small regional chains, die a slow painful death and they take everyone they can with them. Screaming in horror, if at all possible. Edit: Sorry, I misread. They'll close 15 stores, move the "good" employees (maybe two managers and a few cleaning crews on contract) to open stores. They have a lot of wiggle room with that "substantially" bit there. Basically they can claim to retain a lot of employees by making them quit via low wages and hours. fizzymercury has a new favorite as of 23:14 on Apr 17, 2018 |
|
#
?
Apr 17, 2018 23:00
|
|
|
Apparently The Bon-Ton (regional department store) is shutting all stores
|
|
#
?
Apr 20, 2018 13:39
|
|
|
FlamingLiberal posted:Apparently The Bon-Ton (regional department store) is shutting all stores Yep, all Herberger's in Minnesota are closing due to this. Herberger's is one of the anchor stores in several malls in the Twin Cities metro area so I'm curious to see how that goes.
|
|
#
?
Apr 21, 2018 05:16
|
|
|
The only reason I've even heard of The Bon-Ton is apparently it seems like all of the dead malls that Dan Bell covers on his YouTube show in the north seem to have one of them, or previously did. I've never been in one.
|
|
#
?
Apr 21, 2018 06:40
|
|
|
FlamingLiberal posted:The only reason I've even heard of The Bon-Ton is apparently it seems like all of the dead malls that Dan Bell covers on his YouTube show in the north seem to have one of them, or previously did. I've never been in one. Same here, but that's understandable. I'm guessing it's a regional chain like Belk.
|
|
#
?
Apr 21, 2018 08:48
|
|
|
https://twitter.com/nathanbomey/status/988395606031962112?s=21 Lampert begins the next stage of the decline of Sears
|
|
#
?
Apr 23, 2018 14:58
|
|
|
FlamingLiberal posted:https://twitter.com/nathanbomey/status/988395606031962112?s=21 A person I know still works for sears because they think theyll get their pension and aaayyyyy lmao.
|
|
#
?
Apr 23, 2018 15:02
|
|
|
FlamingLiberal posted:https://twitter.com/nathanbomey/status/988395606031962112?s=21 I always figured Lampert was playing this long game because the real estate typically has 99-year fixed rate leases from when Sears first set up shop on these plots. Is that an accurate assumption?
|
|
#
?
Apr 23, 2018 15:04
|
|
|
MeatwadIsGod posted:I always figured Lampert was playing this long game because the real estate typically has 99-year fixed rate leases from when Sears first set up shop on these plots. Is that an accurate assumption? Kinda but not really. By most accounts he and his hedge fund have lost money due to Sears. He may be skimming a bit off the top at the expense of Sears and its shareholders but overall it's been a net loss. https://www.nytimes.com/2017/03/30/business/edward-lampert-sears-kmart.html
|
|
#
?
Apr 23, 2018 15:44
|
|
|
From what I have read the property is the main asset the company has left. I’m sure it would be good for him if he became the owner of it.
|
|
#
?
Apr 23, 2018 17:11
|
|
|
I got an email that Flickr has been sold to something called SmugBug. I guess Verizon is starting to get rid of stuff that Yahoo bought up.
|
|
#
?
Apr 23, 2018 18:07
|
|
|
Bonzo posted:I got an email that Flickr has been sold to something called SmugBug. I guess Verizon is starting to get rid of stuff that Yahoo bought up. Flickr users seem pretty pleased, because Smugmug is actually a photo site and favoured by pros and pro-wannabes.
|
|
#
?
Apr 24, 2018 08:37
|
|
|
Balliver Shagnasty posted:Same here, but that's understandable. I'm guessing it's a regional chain like Belk. Yup. The HQ is in (well, was in now) York, PA and it had 267 stores. Not nationwide by any means. FlamingLiberal posted:The only reason I've even heard of The Bon-Ton is apparently it seems like all of the dead malls that Dan Bell covers on his YouTube show in the north seem to have one of them, or previously did. I've never been in one. And yeah that's why. In these parts we have a poo poo load of interesting abandoned stuff because, you know, Rust Belt. Given that things have been economically bad for a pretty long time already it's a good area to go after urban decay. poo poo has been on the decline for decades so we have a lot of abandoned malls. It doesn't help that people keep building new malls here anyway.
|
|
#
?
Apr 24, 2018 08:41
|
|
|
divabot posted:Flickr users seem pretty pleased, because Smugmug is actually a photo site and favoured by pros and pro-wannabes. How many awards did Flickr users give to this decision?
|
|
#
?
Apr 24, 2018 09:07
|
|
|
Gibson has officially filed for Bankruptcy https://www.bloomberg.com/news/articles/2018-05-01/gibson-files-for-bankruptcy-with-deal-to-renew-guitar-business
|
|
#
?
May 1, 2018 15:15
|
|
|
Bonzo posted:Gibson has officially filed for Bankruptcy Finally, that took a while.
|
|
#
?
May 1, 2018 15:17
|
|
|
Cambridge Analytica: Facebook data-harvest firm to shutquote:Clarence Mitchell, a spokesman for Cambridge Analytica, referred the BBC to a statement on the firm's website.
|
|
#
?
May 2, 2018 20:38
|
|
|
I bet they just re-brand.
|
|
#
?
May 2, 2018 20:40
|
|
|
Bonzo posted:I bet they just re-brand. It will be a completely different company under layers of different shell companies with the same people behind it. The value in a political dirty tricks consultancy is not standing out on a bank statement.
|
|
#
?
May 2, 2018 21:43
|
|
|
I bet they will be called *consults tea leaves and goat bones* Emerdata Limited.
|
|
#
?
May 2, 2018 21:45
|
|
|
I hope their new name is something LotR related, like Palantir.
|
|
#
?
May 2, 2018 21:50
|
|
|
Yawgmoth posted:I hope their new name is something LotR related, like Palantir. I know you're joking but that's already a real company.
|
|
#
?
May 2, 2018 21:53
|
|
|
Shelob data has a nice ring to it.
|
|
#
?
May 2, 2018 22:12
|
|
|
Angmar Datanalysis has a nice ring.
|
|
#
?
May 2, 2018 22:18
|
|
|
Don Gato posted:I know you're joking but that's already a real company. Their recruiting event at my uni got protested because they were collecting tons of data from poo poo like Facebook for identifying and reporting potential illegal immigrants to ICE. There’s been a bunch of other shady data gathering stuff from them too since lmao. Guess the name is accurate!
|
|
#
?
May 2, 2018 22:20
|
|
|
pangstrom posted:I bet they will be called  https://www.theregister.co.uk/2018/05/02/cambridge_analytica_shutdown/
|
|
#
?
May 3, 2018 10:37
|
|
|
Don Gato posted:I know you're joking but that's already a real company.
|
|
#
?
May 3, 2018 15:18
|
|
|
FilthyImp posted:Angmar Datanalysis has a nice ring. That's a cool word, I like it.
|
|
#
?
May 3, 2018 19:38
|
|
|
duh TAN uh LY sis
|
|
#
?
May 3, 2018 19:47
|
|
|
Bonzo posted:I bet they just re-brand. And they did https://www.theregister.co.uk/2018/05/02/cambridge_analytica_shutdown/
|
|
#
?
May 4, 2018 01:46
|
|
|
These abrieviations are killing it. The surprise announcement came on Wednesday evening, when the UK-based Cambridge Anal., and its parent organization SCL Elections, stated it would enter insolvency proceedings and disband immediately. The announcement came after Cambridge Anal. found itself at the center of a political firestorm when a former staffer blew the whistle on a data-harvesting campaign that had covertly collected the personal information on more than 87 million Facebook users.
|
|
#
?
May 4, 2018 13:02
|
|
|
"What you're mad about is completely legal!" Oh okay. I'll stop being mad then.
|
|
#
?
May 4, 2018 22:54
|
|
|
Zesty posted:"What you're mad about is completely legal!" I don't know why but I'm suddenly reminded of "he's the kind of person who made his fortune making unregulated businesses become regulated."
|
|
#
?
May 4, 2018 23:07
|
|
|
GameStop CEO Abruptly Steps Down After Three Months on Jobquote:GameStop Corp. Chief Executive Officer Michael Mauler abruptly stepped down after just three months on the job, bringing fresh upheaval to a retailer that’s struggling to revive growth.
|
|
#
?
May 11, 2018 17:22
|
|
|
I guess stuffing the front of the store with t-shirts, funco pops, and waifu figurines and shuffling all the games half-assedly to the back was a bad strategy. Who'd have thunk? I wonder if they offer protection plans for the Guy Fieri funco tchotchkes.
|
|
#
?
May 11, 2018 18:22
|
|
|
BloodBag posted:I guess stuffing the front of the store with t-shirts, funco pops, and waifu figurines and shuffling all the games half-assedly to the back was a bad strategy. Who'd have thunk? Their used game shenanigans also did very little to make people like them. Hmm yes you have 37 games, one of which is rare, and four of which are in high demand. We'll give you $5 Of store credit then sell them all for 90% of retail. Have a nice day!
|
|
#
?
May 11, 2018 18:28
|
|
|
BloodBag posted:I guess stuffing the front of the store with t-shirts, funco pops, and waifu figurines and shuffling all the games half-assedly to the back was a bad strategy. Who'd have thunk? Yawgmoth has a new favorite as of 18:35 on May 11, 2018 |
|
#
?
May 11, 2018 18:28
|
|
|
|
| # ? Apr 26, 2024 18:58 |
|
|
Moviepass is hemorrhaging money. Speaking as someone who has a moviepass, I'm not surprised at all. I'm honestly surprised it's lasted this long.
|
|
#
?
May 11, 2018 18:38
|
|
