Posted on 05/12/2020 11:38:09 AM PDT by C19fan
I’ve been going to S&S since I was a kid, back when they had curb service with real plate, silver and glassware.
If I wanted the Micky D’s experience, I’d go there. S & S under the holding company, totally screwed the pooch by taking away what made S & S different.
Is he fix’s to ruin crackle barrel too?
2 of my 5 worst ever customer service experiences dining out were at steak n’shakes. I haven’t been in 15 years+.
The local Outback Steakhouse here was destroyed in a flash flood two years ago. The building must have sustained severe damage because they demolished it and never rebuilt.
new tagline.
That was their plan. Too bad the lockdown idiots refused to face reality. Preferring a false sense of security instead.
My first job was at a Steak n Shake in Chesterfield, Mo at the age of 16 making $2.35. Unfortunately, I don’t live anywhere close to one now to enjoy a Super Steak and Chili Mac. I hope they get auctioned off to a private venture who can put some love back into the franchise.
COVID is the great American excuse for EVERYTHING. Something tells me like so many other businesses that they were well on their way to failing BEFORE WuFlu.
In the end, if anyone could compile this list, it would be long and sad.
I have told several people that defend this government overreach that a great many people will lose their businesses from this government forced economic disaster.
A few of them told me that the Feds will help them with the loan program.
Then I inform them that most of the loans go to big companies not small businesses and also a loan is not the same as income.
I also tell them that this loan program is highly inflationary.
I also tell them that this shutdown hurts the state governments and the city governments. Where is the lost tax revenue going to come from? Many large cities were on the verge of bankruptcy before this economic shutdown.
What is going to happen to real estate value when all of these businesses go bankrupt? If there is a sudden glut of commercial real estate that value is going to plummet. Most public schools are dependent on real estate taxes.
The long term effect of this phony pandemic is going to be felt for decades.
When I was 16 my first job paid me $2.00 an hour (they were a nonprofit and did not have to pay minimum wage). After 3 months I got a raise to $2.50 and was damned happy to get it!
And not only businesses but people who’ve lost their jobs permanently.
The 2 in my area have been closed for a long time now, with banners about being able to franchise them for 10k... but at least a year later, both are still shut.
“cut so tiny that you could barely get any ketchup on them”
So it’s like In N Out then lol, but at least I know they’re real potatoes cut in front of me..
In Connecticut, with the governor has been consistently changing and moving the goalposts and dates on when things can reopen originally some mom-and-pop restaurants had signs in the window saying “closed due to coronavirus, we look forward to seeing you soon” or something to that effect. starting sometime in mid to late April several of them change the signs to simply stay “closed due to coronavirus.”
While subtle, those changes tell me that those places are most likely not reopening or if they reopen will be going out of business in short order.
Too bad. I think they have a good product. Their burgers and chili and other products are very good.
I do think their business model is wrong. They need to be a MacDonalds, Wendy’s, Burger King counter-serve restaurant rather than a sit-down and have a waitress serve you restaurant.
JMHO
We had one open here about four years ago. Brand new building. It only stayed open about a year because the service and food was so poor. It stayed closed for another year, someone else bought the franchise, but the damage was done and they closed again a few months later. It’s now sitting empty with a ‘PERMANENTLY CLOSED’ sign on the door. I got chili fries there once, and their chili sauce was worse than most of that canned stuff you find on the supermarket shelf. Ironically, they actually sold it by the can in the supermarkets here. Nasty. Krystal’s junkyard fries are infinitely better.
With enough, you can always play some kinda card game.
He has absolutely no control over CBRL.
Vanguard gobbled them up.
Vanguard Total Stock Market Index... 2.93% 701,527 68,328,730 +11,931 +1.73%
iShares Core S&P Mid Cap ETF 2.73% 652,877 63,590,220 -536 -0.08%
Vanguard Small Cap Index Fund 2.59% 619,307 60,320,502 +7,210 +1.18%
iShares Russell 2000 ETF 2.08% 498,661 48,569,581 -9,785 -1.92%
Vanguard Small Cap Value Index Fu... 1.59% 380,267 37,038,006 +7,518 +2.02%
Vanguard Extended Market Index Fu... 1.43% 342,487 33,358,234 +1,653 +0.48%
Old Westbury Large Cap Strategies... 1.41% 336,865 32,810,651 -25,369 -7.00%
Stichting Pensioenfonds ABP (Glob... 1.23% 294,920 28,725,208 +51,744 +21.28%
Government Pension Fund - Global ... 1.12% 269,213 26,221,346 +78,685 +41.30%
Vanguard Dividend Appreciation In... 0.92% 220,794 21,505,336 +4,772 +2.21%
Yes, even chains and franchise restaurants have short shelf lives - much like bars and niteclubs. Patrons are always looking for something new.
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