The Dunkin Donuts operator was obviously overextended. He got what he deserves.
This however continues to prove how little you really know about things. Most of those individual stores will likely remain open. You need to learn a little about bankruptcy.
Kainos Partners Holding Co., which operates 56 Dunkin’ Donuts stores in New York, South Carolina and Nevada and employs 700, filed for bankruptcy protection.
“Kainos Chief Operating Officer Bart Thorne said in the documents that the downturn in the economy was the primary cause for the company’s bankruptcy filing as fewer consumers frequented restaurants to save cash. Mr. Thorne said average weekly store sales had declined enough that the company could not meet its debt obligations.”
Wait Day Trader in Bed Stuy said the economy was improving!
The What
Someday this war is gonna end..
Yeah Green Shoots up the Ass! I wonder how many over leverage Home Debtors was depending on Dunkin Donuts Employees to help them with the Mortgage payments?
thanks bxgrl! Please keep me updated.
denton- it was in the NY Times.
Snappy- I’ll email CH and MM. Mopar- you’re welcome to join as are any others.
Kens- we’re still trying to find a day to go to the Cloisters.
The Dunkin Donuts operator was obviously overextended. He got what he deserves.
This however continues to prove how little you really know about things. Most of those individual stores will likely remain open. You need to learn a little about bankruptcy.
FOOL.
“That’s nice What…rant some more, cut and paste, tell everyone why 4 people can’t run a hedge fund. ”
That’s not a Hedge Fund dumbass, that 4 Jackoffs “Day Trading”…
“You’re really loosing a lot of credibility here dumbass retard.”
Well lets lose some more..
July 06, 2009 4:37 PM
Major Dunkin’ Donuts franchisee goes bust
http://www.crainsnewyork.com/article/20090706/FREE/907069969
Kainos Partners Holding Co., which operates 56 Dunkin’ Donuts stores in New York, South Carolina and Nevada and employs 700, filed for bankruptcy protection.
“Kainos Chief Operating Officer Bart Thorne said in the documents that the downturn in the economy was the primary cause for the company’s bankruptcy filing as fewer consumers frequented restaurants to save cash. Mr. Thorne said average weekly store sales had declined enough that the company could not meet its debt obligations.”
Wait Day Trader in Bed Stuy said the economy was improving!
The What
Someday this war is gonna end..
Yeah Green Shoots up the Ass! I wonder how many over leverage Home Debtors was depending on Dunkin Donuts Employees to help them with the Mortgage payments?
“yeah – he’s hipsterish though.” That usually means skinny ass and not buff at all!!!! 🙁
never mind, I see it in the NYT
yeah – he’s hipsterish though.
“What gets me is not the hourly or the basic benefits- but c’mon! 9 weeks of paid leave? And the union refused to negotiate and demands?”
Is there a link to this story? Sounds like maybe there’s another side to it…
“Dave – there’s a bartender there who might be right up your alley.”
I guess that all depends on how many margaritas they both have.
(sorry Snappy)