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Sizzler USA files for bankruptcy


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I think a whole lot of businesses are going to be in trouble, especially restaurants and bars.  Indoor dining is really quite dangerous and bars, whether indoor or outdoor are problematic.   People drinking tend to socialize and meet new people.   Alcohol also changes social behavior.  

 

In the area where I am most familiar, people have always enjoyed dining out.  Restaurants were good business.   You seldom saw one close down.   There are a fair number of retired people and they enjoyed eating out and also when family came it was always a trip to a restaurant.   It wasn't uncommon to see tables moved together to accommodate large crowds.   It wasn't about eating, it was about socializing.   

 

Restaurants, even successful ones, operate on a small margin of profit per meal, so it takes a large volume of customers.

 

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1 hour ago, geriatrickid said:

No big loss if Sizzler Thailand closes.  Tops market offers a wonderful selection of salads. Some of the Tescos do as well. All as good or better than  Sizzler. I can  buy  Soup in a can and add corn starch to create the Sizzler soup exerience, and if I want jello, well I can   pick it up at  Tesco for satangs.

???????? OMG! ????

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2 hours ago, geriatrickid said:

Olive garden, Outback,  Red Lobster, TGIF, Applebees

Nothing cooked from scratch...just bodies to assemble it......fancy looking junk food..

 

Reminds me of thai "cooking" classes....is assembling food......rip off and a con in my opinion....

 

*from someone culinary trained with over 30 yrs exp in food service

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19 hours ago, nemo38 said:

Who is going to be held responsible for the deaths due to despair for this lock down? We have seen unprecedented destruction of wealth in the middle class, and that money has gone to the billionaires. Bezos went from 87 billion to 202 billion.

 

 If we had ignored Covid no one would have noticed.

 

734369139_Letsstayinsideuntilpeopleneverdieagain.png.5e89ba0e4960d2f8d0c99ce1ab33255d.png

Bezos is an effect, not a cause. His wealth has grown because in lockdown, people do more shopping online.

The countries that ignored the virus, or tried to play it down, are the worst affected in terms of deaths , number of active cases, and deaths per million population. American exceptionalism has been exposed as a house of cards. Their economies are doing no better than the countries that went into lockdown, 12% of Americans live on food stamps. Unemployment rate USA 8.4%, unemployment rate Australia 6.8%.

Perhaps you would do better posting facts instead of opinion, but that could require you to change your mind.

 

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12 hours ago, stevenl said:

Unfortunately you have an incorrect source. The criticism was aimed at the Muslim travel ban announced at almost the same time.

 

If you quote the original statements you'll see what was really said, you have now quoted an opinion piece.

 

 

Joe Biden's statement, calling Trump Xenophobic and incapable of leading the country during a health crisis, came on February 2nd. Are you saying it wasn't in response to Trump's January 31st restriction of travellers coming from China, but was actually referring back to an earlier travel ban of people from some Muslim countries?

 

Are you saying Joe wanted the Chinese travel ban, but spoke against the earlier travel ban so soon after the Chinese travel ban was announced. That would have been clumsy.

 

 

Quote

NOW, THEREFORE, I, DONALD J. TRUMP, President of the United States, by the authority vested in me by the Constitution and the laws of the United States of America, including sections 212(f) and 215(a) of the Immigration and Nationality Act (INA), 8 U.S.C. 1182(f) and 1185(a), and section 301 of title 3, United States Code, hereby find that the unrestricted entry into the United States of persons described in section 1 of this proclamation would, except as provided for in section 2 of this proclamation, be detrimental to the interests of the United States, and that their entry should be subject to certain restrictions, limitations, and exceptions.  I therefore hereby proclaim the following:

 

Section 1 Suspension and Limitation on Entry.   The entry into the United States, as immigrants or nonimmigrants, of all aliens who were physically present within the People’s Republic of China, excluding the Special Administrative Regions of Hong Kong and Macau, during the 14-day period preceding their entry or attempted entry into the United States is hereby suspended and limited subject to section 2 of this proclamation.

 

 

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On 9/23/2020 at 3:51 AM, riclag said:

 For the kids, the Sissler salad bars on a week end in Bakersfield ,Ca  was finger dippin good! Grab a hand full of this  or dip your finger in the salad dressing for a taste test 

oowee

This is why Sizzler is going bankrupt. The unsanitary conditions of a salad bar are a big no no at this time. Anywhere that heavily relies on buffet style dining or salad bars is going to have trouble. 

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On 9/23/2020 at 12:26 PM, Credo said:

I think a whole lot of businesses are going to be in trouble, especially restaurants and bars.  Indoor dining is really quite dangerous and bars, whether indoor or outdoor are problematic.   People drinking tend to socialize and meet new people.   Alcohol also changes social behavior.  

 

In the area where I am most familiar, people have always enjoyed dining out.  Restaurants were good business.   You seldom saw one close down.   There are a fair number of retired people and they enjoyed eating out and also when family came it was always a trip to a restaurant.   It wasn't uncommon to see tables moved together to accommodate large crowds.   It wasn't about eating, it was about socializing.   

 

Restaurants, even successful ones, operate on a small margin of profit per meal, so it takes a large volume of customers.

 

 

I avoid going to places to dine in. People don't wear their masks properly and you tend to get herded together in the entry while they find a table that is socially distanced. It defeats the whole point when the bottleneck is in the front of the restaurant. 

 

I also would rather gouge my own eyes out with a red hot poker than engage in indoor salad bars with everybody touching the food. Talk about a gigantic Petri dish of viral infections. 

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On 9/23/2020 at 10:31 PM, stevenl said:

As you may realise by now, by reading the thread, there is no relationship between this sizzler filing and sizzler Thailand.

Are you a share holder ? Perhaps you are an everyday customer. ????????

it won't change anything anyway. They will close soon. Look for an alternative. 
good luck.

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7 minutes ago, The Theory said:

Are you a share holder ? Perhaps you are an everyday customer. ????????

it won't change anything anyway. They will close soon. Look for an alternative. 
good luck.

I have been to a Sizzler once, I think 30 years ago or so. Didn't really enjoy it. I just correct misinformation given here.

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On 9/24/2020 at 7:36 AM, stevenl said:

Nobody knows, but your post was simply incorrect, and ignored other posts that had already given the facts.

Ignored other posts ?!!! Other posts are not my opinion and I do not follow others or you. You need to respect other posts as well, by not pushing your own. 
 

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3 hours ago, polpott said:

And you base this on what? The Sizzlers near me is doing better business than most restaurants and is likely to be the last to close.

The OP is about US sizzler and I replied to that original post. 
My other posts are "reply" to that particular member only since he quote me with his irrelevant post regarding "Thai sizzler". This post is originally about USA, not Thailand. 

any way, I don't care what it is now. Whatever. 
 

 

 

Edited by The Theory
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What the OP article doesn't mention clearly is....

 

1. Chapter 11 bankruptcy in the U.S. is for reorganization, not liquidation, which is Chapter 7... So this development doesn't mean Sizzler in the U.S. is done...or in their case, "well-done."

 

2. And, as the added part of the article not posted here explains:

 

Quote

However the Chapter 11 filing will only affect the company’s 14 company-owned locations, not its franchises or international locations which make up the majority of its locations.

 

So, in all, the OP snippet posted here makes things sound a bit more dire than they actually appear to be.

 

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On 9/23/2020 at 1:13 PM, oscarjamisono said:

Right. Swensen's was originally a US chain. It failed there but is going strong in Thailand.

 Minor Group also owns the Swensen's franchise for Thailand, along with Sizzler and various others.

 

Also, it looks like Swensen's may have just a couple of remaining open restaurants/ice cream parlors in the U.S. still.

 

Quote

USA stores continued to close until only three were left, of which one is the original San Francisco ice cream parlor and one is the main restaurant in Miami.

https://en.wikipedia.org/wiki/Swensen's

 

 

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On 9/23/2020 at 1:42 PM, Tippaporn said:

Sizzler has great bacon-cheese burgers.  Love the salad bar as well.  On an intensive diet/exercise routine now and can only look at photos.  14 more kgs. to go (a few more weeks) and I'll be eating the real thing.  Happy to hear that Sizzler in Thailand will not be affected.

 

Sizzler.jpg.8735ffce3e206509994090471969569b.jpg

 

 

 

That's a darn nice looking burger there in the photo...

 

Too bad it doesn't remotely resemble anything served by Sizzler TH...

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On 9/23/2020 at 6:36 PM, Lacessit said:

our cattle graze on real grass as nature intended.

yeah, but if you're a true gourmet when it comes to steak, you'll prefer corn fed. Actually, beer fed, a la Japan, is even better. Not sure what kind of grass the cows down under eat -- crab grass?

Edited by JimGant
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3 hours ago, Lacessit said:

Unless you have tasted a Gippsland eye fillet, you have absolutely no idea what you are talking about.

I'll take your word for it. Apparently, it's not what I find in Rimping.

 

Interestingly, I love lamb too. But your aversion to too fatty US beef is my aversion when it comes to down under lamb: Its "excess marbling" completely wipes out my barbecue with fat residue. Maybe this is how you guys like it.

 

The US came late to lamb. I never saw it growing up in the 50's, as our servicemen from the War were served mutton in the Pacific -- and this left, literally, a bad taste in their mouths. Fortunately, the US learned to love lamb, albeit of the lean variety. Of course, you have to have mint sauce to complete the package.....

 

Ummm. Getting hungry.

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