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Trend22

05/18/24 10:01 AM

#22507 RE: fallingstar #22506

They have closed a few in our state but not ours.
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PennyHoper

05/18/24 10:33 AM

#22508 RE: fallingstar #22506

Nixon's Illegal Pizza in Lauderhill closed that way, by saying "Temporarily Closed" but it never reopened. However I think that as a general rule, 1 or 2 restaurant operations tend to give notice to all to 'say goodbye' to their customer base (plus employees), whereas larger chains are more cut-throat, with corporate ax-men turning off the lights without notice to all but the highest management.

Of course, a money-losing operation with no chance of revitalization has to close; but the larger the company and the bigger the dollar amounts involved are, the smaller the human element -- employees and customers -- is in relative importance.

The irony here is that larger companies are more beholden to investors/shareholders, but Nixon's smaller company currently seems to allow him to show no concern for his investors.

Hey Brenda Hamilton!! -- how are those lessons to Nixon on the importance of fiduciary responsibility to shareholders going?