178 Boston Markets close

Article Abstract:

Boston Chicken, which operates Boston Market restaurants, shuttered 178 of its 1,143 restaurants as part of its filing for Chapter 11 bankruptcy protection on Oct. 5, 1998. The cash-strapped fast-food chain filed for Chapter 11 bankruptcy protection to facilitate the completion of its restructuring plan by Oct. 17, 1998. The closures, which comes just six months after turnaround expert J. Michael Jenkins was called in to revive the money-losing chain, leaves 950 Boston Markets open in 19 states. Boston Chicken expects to idle around 500 employees, but sees no layoffs at the corporate level.

Comment:

Closes 178 of its 1,143 restaurants as part of its filing for Chapter 11 bankruptcy protection on 10/5/98

Food Services and Drinking Places, Eating Places, Restaurants, Boston Chicken Inc., Article

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Disney orders McDonald's burger joint for new park

Article Abstract:

McDonald's Corp has finally succeeded in opening a full-menu restaurant inside a Disney theme park. The fast food restaurant chain is slated to inaugurate a branch inside Disney's new California Adventure theme park on Feb 8, 2001, simultaneous with the park's launching. This branch, however, will not carry the McDonald's name, but will be called Burger Invasion. This is a move by Disney to play down the commercialism inside the theme park. The two companies are expected to launch more ventures together as they signed a 10-year partnership agreement.

McDonald's Corp.

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Jumpin' jelly! Doughnuts dominate dining growth

Article Abstract:

The author examines the growing success of Krispy Kreme Doughnut Corp. and Dunkin' Donuts Inc. Topics include market share, market development, and industry forecasts.

Forecasts, trends, outlooks, Financial management, Eating places, Management dynamics, Management, Finance, Bakers and bakeries, Bakeries, Company business management, Doughnuts, Krispy Kreme Doughnut Corp., Market domination, Market share, Company financing, Dunkin' Donuts Inc., DUNK, Industry forecasts, Market development

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