Thursday, June 16, 2011

Ok, I'm pissed NO MORE CHICKEN POT PIES???

Joseph Trungale, the CEO of restaurant chain Marie Callender’s announced yesterday that the company has filed for chapter 11 bankruptcy protection.
The owner of the chain of eateries made the decision amidst falling sales due to the sluggish economy, as well as the struggling housing markets in both California and Florida.
The restaurant and bakery chain, famous for home-style meals and a bakery, and its sister company Perkin, both found themselves in dire straits after the 2004 housing market collapse.
Marie Callender’s plans on closing 64 of its 600 locations, the closure would result in the loss of 2,500 jobs. Prior to the announcement, the company employed nearly 12,000 people throughout its locations. Already 31 locations have been closed throughout the U.S, 13 of which were in California.

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