Well i am not surprised about chuck e cheeses ......its fucking garbage pizza parents actually feed this and let their kids eat this shite ....they have the worst fucking pizza its so bad .....but moms take their fucking kids there for parties and that's all its good for ....its not for human beings its for kids .....these fuckers run about get sugared up and eat that shit .....
The reckoning is that 70% of restaurants will not re-open....rule of thumb is that 70% of restaurants were fucking crap anyways .....so its a wash anyways.........look at most of them .........most people would not know a good restaurant if it bit them in the balls or clit anyways
'A scary number' of retail companies are facing bankruptcy amid the coronavirus pandemic
GNC has walked through death’s door after knocking on it for years. And it’s likely others will follow suit this year as the COVID-19 pandemic continues its devastation of America’s retail sector.
The 85-year-old vitamin seller filed for bankruptcy on Wednesday after years of battling waning sales and a debt load north of $1 billion. GNC plans to shutter up to 1,200 stores across the U.S. The company operates more than 5,800 stores.
Meantime, fellow debt-laden mall dweller J.C. Penney said on Tuesday it will close another 13 stores as part of its recent bankruptcy filing. The company told the courts in May it would shutter a total of 250 stores by the end of summer 2021, leaving it with a shade under 600 locations.
To be sure, 2020 is shaping up to be one of the deadliest ever for the former icons of the mall and various shopping centers. The pandemic has kept stores closed for months and sent sales for the sector into a tailspin. With consumers only slowly venturing back out to stores after months of being quarantined, retailers are being faced with the reality they need fewer stores open...or should no longer be in business at all.
“Some companies are just not going to survive this,” says McGrail, who is the COO of one of the world’s largest asset disposition and valuation firms, Tiger Capital Group. Its McGrail’s team — which often includes store associates of a stricken retailer — that hangs the “Everything must go” signs and works to fetch top dollar on fixtures and other inventory.
McGrail declines to say which retailers have been calling him up for asset appraisals, except to note the names wouldn’t be any big shock.
Such is the current life for McGrail and others in the retail bankruptcy and restructuring fields. In talking to a host of experts, one thing is abundantly clear: A thunderstorm of bankruptcies in retail are about to rain down on Wall Street thanks to the aftershock of the coronavirus.
Once formidable r
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