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Quiznos files for Chapter 11 bankruptcy protection
ap.org ^ | Mar. 14, 2014 1:54 PM EDT

Posted on 03/14/2014 10:58:28 AM PDT by gooblah

Edited on 03/14/2014 11:32:55 AM PDT by Admin Moderator. [history]

DENVER (AP) Denver-based Quiznos has filed for Chapter 11 bankruptcy protection to reduce its debt by more than $400 million.


(Excerpt) Read more at bigstory.ap.org ...


TOPICS: Business/Economy; Culture/Society
KEYWORDS:

1 posted on 03/14/2014 10:58:28 AM PDT by gooblah
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To: gooblah

Their sub sank..................


2 posted on 03/14/2014 10:59:28 AM PDT by Red Badger (LIberal is an oxymoron......................)
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To: gooblah

The company owns seven of its stores and has $400 million in debt?


3 posted on 03/14/2014 11:02:10 AM PDT by bk1000 (A clear conscience is a sure sign of a poor memory)
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To: Red Badger

They were sandwiched between a rock and a hard place!


4 posted on 03/14/2014 11:02:16 AM PDT by AEMILIUS PAULUS (It is a shame that when these people give a riot)
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To: gooblah

i can’t believe it won’t affect the franchises. like how suppliers deal with them and such.


5 posted on 03/14/2014 11:03:06 AM PDT by Secret Agent Man (Gone Galt; Not averse to Going Bronson.)
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To: bk1000
"The company owns seven of its stores and has $400 million in debt?"

I agree - that requires some explanation.
6 posted on 03/14/2014 11:03:48 AM PDT by Steve_Seattle
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To: AEMILIUS PAULUS

Their Po’ Boy got Torpedoed.........
Their Grinder is grounded...................


7 posted on 03/14/2014 11:04:38 AM PDT by Red Badger (LIberal is an oxymoron......................)
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To: Steve_Seattle; gooblah
"The company owns seven of its stores and has $400 million in debt?"

I suspect they used to own a lot more of them, but sold them off as the stores lost more and more money.

The only Quiznos I know of were open for a few years and then closed their doors.

8 posted on 03/14/2014 11:06:30 AM PDT by E. Pluribus Unum (If Barack Hussein Obama entertains a thought that he does not verbalize, is it still a lie?)
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To: Red Badger

You wrote a couple of pretty cold cuts!


9 posted on 03/14/2014 11:07:22 AM PDT by AEMILIUS PAULUS (It is a shame that when these people give a riot)
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To: AEMILIUS PAULUS

Their Hero was defeated........
Their Hoagie got hog tied.....................
Their Philly Cheese got staked.....................


10 posted on 03/14/2014 11:07:44 AM PDT by Red Badger (LIberal is an oxymoron......................)
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To: Red Badger

Plus they had a half baked business model.


11 posted on 03/14/2014 11:09:06 AM PDT by AEMILIUS PAULUS (It is a shame that when these people give a riot)
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To: Steve_Seattle

That’s about $190k per store.

Might they be financing their franchisees?


12 posted on 03/14/2014 11:11:05 AM PDT by FAA
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To: AEMILIUS PAULUS

Their Rocket got shot down............
Their Blimpie burst...........
Their Tunnel caved in..................
Their Zeppelin did a nose dive..................
Their Cuban got smoked...................


13 posted on 03/14/2014 11:11:19 AM PDT by Red Badger (LIberal is an oxymoron......................)
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To: gooblah

I ate there once. I eat at Del Taco a couple of times a week. You need a good product at a good price to make it in the fast food business.


14 posted on 03/14/2014 11:16:07 AM PDT by InterceptPoint
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To: gooblah

What really sucks is that it is a pretty good sandwich shop compared to the other options around here


15 posted on 03/14/2014 11:16:26 AM PDT by FunkyZero (... I've got a Grand Piano to prop up my mortal remains)
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To: Red Badger

You could see it coming. Long before they hit bankruptcy their buns were toast.


16 posted on 03/14/2014 11:16:27 AM PDT by married21 ( As for me and my house, we will serve the Lord.)
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To: gooblah

There was a Quiznos store one block from where I work. I tried their sandwiches at least 10 or more times before I gave up and returned to Subway (3 blocks further away). They always put too much vinegar in their sauces.


17 posted on 03/14/2014 11:19:20 AM PDT by BuffaloJack (Freedom isn't free; nor is it easy. END ALL TOTALITARIAN ACTIVITY NOW.)
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To: Red Badger

NOOOO! Their subs were great compared to the dry tasteless ones from Subway.


18 posted on 03/14/2014 11:19:34 AM PDT by Brooklyn Attitude (Things are only going to get worse.)
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To: BuffaloJack

There was a Quiznos that closed 2 miles form my house. The thing that struck me was they had 3 people to make a sandwich. One to assemble the sub, another to toast, add the non toastable ingredients and wrap it, and another as cashier. Seemed pretty inefficient.


19 posted on 03/14/2014 11:24:01 AM PDT by Brooklyn Attitude (Things are only going to get worse.)
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To: gooblah

I Blame their crappy ads that looked lke crap and sounded like crap...

20 posted on 03/14/2014 11:30:17 AM PDT by GraceG
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To: Brooklyn Attitude

[ NOOOO! Their subs were great compared to the dry tasteless ones from Subway. ]

Not to mention that they didn’t partner with Moloch Obama like Sub-way did...


21 posted on 03/14/2014 11:31:24 AM PDT by GraceG
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To: BuffaloJack

Sorry bit Subway is the ripoff of ripoffs.

They give you hardly any meat or cheese and should you ask for another they charge extra. I am hungry before I leave the store!

Will never go to one again......I would sooner starve than be ripped off.


22 posted on 03/14/2014 11:32:18 AM PDT by Red in Blue PA (When Injustice becomes Law, Resistance Becomes Duty.-Thomas Jefferson)
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To: gooblah

Their death knell started with the talking oven commercial: “Go ahead and put it in me, steve, you know you want to”

http://www.youtube.com/watch?v=7LQpRQh2KSQ


23 posted on 03/14/2014 11:35:21 AM PDT by Rebelbase (Tagline: optional, printed after your name on post)
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To: Red Badger

Their reubens were badly painted and displayed in bad light.....(yeah I know... a reach for that one)


24 posted on 03/14/2014 11:38:20 AM PDT by mdmathis6 (American Christians can help America best by remembering that we are Heaven's citizens first!)
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To: mdmathis6

Their Reubens weren’t kosher?....................


25 posted on 03/14/2014 11:47:38 AM PDT by Red Badger (LIberal is an oxymoron......................)
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To: gooblah

I used to like their sandwiches, but they priced themselves out of my budget.

Subway is the pits for a sandwich, but some of the smaller chains do pretty good, like McAllister’s Deli, based in Hattisburg Ms. with stores around the South, Firehouse Subs, etc.


26 posted on 03/14/2014 11:48:11 AM PDT by rightly_dividing (Hate is what people that hate the truth call the truth.)
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To: rightly_dividing

Unless you insist on a hot saandwich, Jimmy John’s is easily the best.


27 posted on 03/14/2014 12:04:48 PM PDT by SeaHawkFan
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To: Red Badger

They’re toast


28 posted on 03/14/2014 12:08:14 PM PDT by WKUHilltopper (And yet...we continue to tolerate this crap...)
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To: gooblah
Quiznos WAS awesome. I ate there at least 2-3 times every week, usually the prime rib and peppercorn. They were pricey, but amazing! Then Quiznos, for some unknown reason, changed how they prepared the prime rib about 4 or 5 years ago. It was no longer worth spending twice as much as Subway or the other sub shops. I would go back once or twice every year, hoping they changed back. They never did. I quit trying last year. I saw hundreds of people with similar comments to mine online.

My guess is that some penny-pinching idiot decided to make his mark on the company by saving it a few hundred thousand dollars... and wound up losing hundreds of millions, apparently.

29 posted on 03/14/2014 12:19:00 PM PDT by Teacher317 (We have now sunk to a depth at which restatement of the obvious is the first duty of intelligent men)
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To: Red Badger

They saw the Russian dressing and blanched like sour krauts!

Still all in all, the reubens are all in “rye” good humor about the situation!


30 posted on 03/14/2014 12:30:23 PM PDT by mdmathis6 (American Christians can help America best by remembering that we are Heaven's citizens first!)
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To: GraceG

Those were classic. They used the characters from the early days of the internet. One guy had a website that had these crazy characters singing weird songs in the very early days (1990’s).


31 posted on 03/14/2014 12:33:17 PM PDT by Fledermaus (If we here in TN can't get rid of the worthless Lamar, it's over.)
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To: mdmathis6

That’s pretty corny beef...................


32 posted on 03/14/2014 12:34:27 PM PDT by Red Badger (LIberal is an oxymoron......................)
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To: Teacher317
Quiznos WAS awesome. I ate there at least 2-3 times every week, usually the prime rib and peppercorn.

I agree with that...Loved those sandwiches...Went from great tasting sliced prime rib to some chunks of an unidentifiable meat...They lost me as a customer...

33 posted on 03/14/2014 1:03:13 PM PDT by Iscool (Ya mess with me, you mess with the WHOLE trailer park...)
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To: Iscool

Hmmm? Several cats in our neighborhood did disappear a few months ago..


34 posted on 03/14/2014 1:17:34 PM PDT by Las Vegas Dave (The democRATic party preys on the ignorant..!)
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To: Red Badger

They thought they were on a roll. However, they got their buns smacked. They sold their investors a lot of bologna. Lettuce have an end to these puns as I have no beef with their filing bankruptcy.


35 posted on 03/14/2014 1:32:04 PM PDT by AEMILIUS PAULUS (It is a shame that when these people give a riot)
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To: AEMILIUS PAULUS

I will rise to the occasion and drink a toast to the late Quizno’s because they ran out of dough......................


36 posted on 03/14/2014 1:50:13 PM PDT by Red Badger (LIberal is an oxymoron......................)
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To: Las Vegas Dave
Hmmm? Several cats in our neighborhood did disappear a few months ago..

That's probably what I thought was the prime rib...

37 posted on 03/14/2014 4:20:06 PM PDT by Iscool (Ya mess with me, you mess with the WHOLE trailer park...)
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To: Iscool

...Sheldon: I believe the Szechuan Palace has been passing off orange chicken as tangerine chicken and I intend to confront them.

Leonard: If I were you, I’d be more concerned by what they’re passing off as chicken...


38 posted on 03/14/2014 4:25:20 PM PDT by jjotto ("Ya could look it up!")
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To: Las Vegas Dave
Hmmm? Several cats in our neighborhood did disappear a few months ago..

You sure it's not a Chinese Take out near you?


39 posted on 03/14/2014 4:32:03 PM PDT by COBOL2Java (I'm a Christian, pro-life, pro-gun, Reaganite. The GOP hates me. Why should I vote for them?)
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To: Red Badger

I think you are rather crusty. However, at least you do not exhibit any half baked ideas. Let the puns flour!


40 posted on 03/15/2014 7:41:41 AM PDT by AEMILIUS PAULUS (It is a shame that when these people give a riot)
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To: Red Badger

By the way one final statement: “Quizno’s is toast!”


41 posted on 03/15/2014 7:48:26 AM PDT by AEMILIUS PAULUS (It is a shame that when these people give a riot)
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