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ORIGINAL: Yachtie

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ORIGINAL: tazzygirl

Plop a restaurant down in the middle of a community then stop hiring from that community. Where are your customers going to come from? Three towns over?

You completely missed the point.

But here's one for you -

Hostess Brands Inc. is permanently closing three bakeries following a nationwide strike by its bakers union.

The maker of Twinkies, Ding Dongs and Wonder Bread said Monday that the strike has prevented it from producing and delivering products, and it is closing bakeries in Seattle, St. Louis and Cincinnati. The facilities employ 627 workers.

“We deeply regret this decision, but we have repeatedly explained that we will close facilities that are no longer able to produce and deliver products because of a work stoppage — and that we will close the entire company if widespread strikes cripple our business,” Hostess Brands CEO Gregory F. Rayburn said.

The Union sure does have the communities interests at heart, doesn't it.

The left does not realize that The Community shall lose when it butts heads hard enough with The Market.

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Honey the clue store is open....I'll hold the damned door for you.

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They'll stand in line in the rain. Hell, they'll pay people to stand in line for them.

They'll fly in.

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Kiddo....this is NOT a 27 restaurant trial to make 27 restaurants more profitable, this is a 27 (or 100) restaurant trial to see how well it will work in all 10,000 (or 5,000....however many they have) restaurants across their entire spectrum.

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ORIGINAL: LookieNoNookie

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ORIGINAL: tazzygirl

Hostess has argued that workers must make concessions as it tries to improve its financial position. The privately-held food maker filed for Chapter 11 protection in January, its second trip through bankruptcy court in less than a decade. Hostess cited increasing pension and medical costs for employees as one of the drivers behind its latest filing.

The company, founded in 1930, is fighting battles beyond labor costs, however. Competition is increasing in the snack space and Americans are increasingly conscious about healthy eating.

And Hostess may feel the brunt of that decision as well.

Yeah....you're right....Hostess is gonna close their doors.

(I'm sorry....possibly I missed something.....who exactly are the winners here?)

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ORIGINAL: tazzygirl

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ORIGINAL: LookieNoNookie

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ORIGINAL: tazzygirl

Hostess has argued that workers must make concessions as it tries to improve its financial position. The privately-held food maker filed for Chapter 11 protection in January, its second trip through bankruptcy court in less than a decade. Hostess cited increasing pension and medical costs for employees as one of the drivers behind its latest filing.

The company, founded in 1930, is fighting battles beyond labor costs, however. Competition is increasing in the snack space and Americans are increasingly conscious about healthy eating.

And Hostess may feel the brunt of that decision as well.

Yeah....you're right....Hostess is gonna close their doors.

(I'm sorry....possibly I missed something.....who exactly are the winners here?)

Pst.. Hostess has been in bankruptcy proceedings for a while.

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ORIGINAL: tazzygirl

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Honey the clue store is open....I'll hold the damned door for you.

I suggest you hurry in, you need one badly.

I have worked in restaurants most of my life... waiting tables has been a source of income for me since I was 15.

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ORIGINAL: tazzygirl

I dont need to own any to understand how they work.

How many have you worked? We already know you havent owned any.

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ORIGINAL: tazzygirl

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ORIGINAL: LookieNoNookie

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ORIGINAL: tazzygirl

Hostess has argued that workers must make concessions as it tries to improve its financial position. The privately-held food maker filed for Chapter 11 protection in January, its second trip through bankruptcy court in less than a decade. Hostess cited increasing pension and medical costs for employees as one of the drivers behind its latest filing.

The company, founded in 1930, is fighting battles beyond labor costs, however. Competition is increasing in the snack space and Americans are increasingly conscious about healthy eating.

And Hostess may feel the brunt of that decision as well.

Yeah....you're right....Hostess is gonna close their doors.

(I'm sorry....possibly I missed something.....who exactly are the winners here?)

Pst.. Hostess has been in bankruptcy proceedings for a while.

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ORIGINAL: BoundSlave4Life


I could be wrong, which I said I could be, but I'm pretty sure it's Illegal to fire someone for voting for who they wanted as president. Immoral? Absolutely!

Republicans are the first ones to talk about rights and blah blah blah, but when someone utilizes their right to vote, it makes them a slut, and gets them fired. Hypocrisy at it's finest.

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ORIGINAL: tazzygirl

I dont need to own any to understand how they work.

How many have you worked? We already know you havent owned any.

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I don't need to own a restaurant to know that when Darden's annual corporate filings show their profit fell by 17% 2 years ago and the biggest issue for them was food wastage (one of your earlier comments as to where restaurants drop the ball) which they have largely resolved and profits came in around 5.2% (about double what most restaurants make on average) in the most recent quarter, which works out to approx. $675.00 per employee for the quarter, assuming extrapolation (which is always a fallacious way of determining year over year margins), comes to $2,700.00 per employee, and knowing that health care (at least at my firm) runs approx. $7,000.00 per employee annually....it's not rocket science to discern that doing anything they can to minimize their exposure to medical costs (knowing that it's essentially 2.6 times their profits) is probably something the Board wants the CEO to consider.

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NEW YORK (MarketWatch) -- Darden Restaurants Inc.'s DRI -0.23% fiscal first-quarter earnings fell 5.8% as the casual-dining company continues to face the same problems of fiscal 2011: higher commodity costs, declining guests at Olive Garden and increasingly cost-conscious consumers.

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You don't have to be a baker to run a bakery. You do, however, have to have a basic knowledge of how a bakery runs.

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ORIGINAL: tazzygirl

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Honey the clue store is open....I'll hold the damned door for you.

I suggest you hurry in, you need one badly.

I have worked in restaurants most of my life... waiting tables has been a source of income for me since I was 15.

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They'll stand in line in the rain. Hell, they'll pay people to stand in line for them.

They'll fly in.

I live in a foodie town. I have seen more than one restaurant close because of bad reviews. People who spend more than 6.99 a plate want to be catered to.... Those restaurants only keep the best of servers.

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Kiddo....this is NOT a 27 restaurant trial to make 27 restaurants more profitable, this is a 27 (or 100) restaurant trial to see how well it will work in all 10,000 (or 5,000....however many they have) restaurants across their entire spectrum.

Bubba, this isnt a trial... its a threat. One that isnt going to work. It has nothing to do with making them more profitable. They throw more than that out nightly in the trash.

And the number of restaurants is ...

Through subsidiaries, we own and operate more than 2,000 restaurants, employ 185,000 people and serve more than 400 million meals a year.

We have been through the numbers. Those actually losing insurance is somewhere around 10% or less of their work force. Again... this is not a test... its a threat.

Ya'll were freaking out that if the Republicans got in power, women were going to lose their rights across the country, even as that discussion has been happening since 1972 and NOTHING has changed.....yet you think this outlier is simply a basic test of how to improve results at 0.000173% of a major corporations assets?

Again, this has nothing to do with "improving"... this is all a threat. They very well could go through with it to all their stores.... and it may cripple the company as competitors implement the health care laws instead of trying to dodge them.

Bad service, no matter how good the food, results in no repeat business.

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Which comes to an additional 8.3%...if they opted to make a profit (which I would strongly encourage if they wanted to stay in business), and assuming they opted for a profit commensurate with the one they now enjoy (5.2%), prices would have to rise approx. 14% (or $2.38 per plate....not the 14 cents (1.40%) on a ten dollar purchase you submit.

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ORIGINAL: tazzygirl

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I don't need to own a restaurant to know that when Darden's annual corporate filings show their profit fell by 17% 2 years ago and the biggest issue for them was food wastage (one of your earlier comments as to where restaurants drop the ball) which they have largely resolved and profits came in around 5.2% (about double what most restaurants make on average) in the most recent quarter, which works out to approx. $675.00 per employee for the quarter, assuming extrapolation (which is always a fallacious way of determining year over year margins), comes to $2,700.00 per employee, and knowing that health care (at least at my firm) runs approx. $7,000.00 per employee annually....it's not rocket science to discern that doing anything they can to minimize their exposure to medical costs (knowing that it's essentially 2.6 times their profits) is probably something the Board wants the CEO to consider.

Consider? Something I said.

You said its a done deal. Are you sure you have your mind made up yet?

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NEW YORK (MarketWatch) -- Darden Restaurants Inc.'s DRI -0.23% fiscal first-quarter earnings fell 5.8% as the casual-dining company continues to face the same problems of fiscal 2011: higher commodity costs, declining guests at Olive Garden and increasingly cost-conscious consumers.

Just what they need, higher food costs due to inaccurate service.... more disgruntled guests due to poor service....

Higher employee turnover results in higher food costs... did you know that?

So, let them do exactly what you claim they will do.

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You don't have to be a baker to run a bakery. You do, however, have to have a basic knowledge of how a bakery runs.

Knowing how to read doesnt make you an expert at how to run a specific business. There are many, many variables that balance sheet wont tell you.

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I love how you combined "$6.99 a plate" and "best" (of anything) in the same sentence.

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ORIGINAL: tazzygirl

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Which comes to an additional 8.3%...if they opted to make a profit (which I would strongly encourage if they wanted to stay in business), and assuming they opted for a profit commensurate with the one they now enjoy (5.2%), prices would have to rise approx. 14% (or $2.38 per plate....not the 14 cents (1.40%) on a ten dollar purchase you submit.

Do try to read with a bit more comprehension. The 14 cents was Papa Johns.

The pizza chain head has made his views on the Affordable Care Act clear in recent months, claiming the new health care law will cost his business about $5 to $8 million per year. To compensate Schnatter's said he will likely raise pizza prices and cut back some workers’ hours so he doesn’t have to insure them.

Caleb Melby of Forbes has graciously done the math on Obamacare’s cost to Papa John’s and according to his analysis, to cover the cost of Obamacare, the pizza chain would have to raise prices by 3.4 to 4.6 cents per pie -- way less than the 11 to 14 cents Schnatter claims he needs.

And there are other changes the chain could make to save some money, Melby notes, like not giving away 2 million pizzas for free at a cost of between $24 and $32 million to the company, for example.

http://www.huffingtonpost.com/2012/11/13/papa-johns-obamacare_n_2123207.html

He made the claim.

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Okay Taz....you win...I accept defeat.

I've run businesses successfully for nearly 37 years, some that sell products (to date) in 17 countries.

You've waited tables at restaurants that charge the whopping charge of $6.99 a plate so they demand the "best" servers.

I bow down.

You know business.

I sit corrected.