That's the way the cookie crumbles
That's the way the cookie crumbles
Unknown User
Joined: 12/31/69
#1That's the way the cookie crumbles
Posted: 8/17/08 at 8:38pm
The struggling privately owned Mrs. Fields Famous Brands, owner of the famous mall-based cookie stands and TCBY yogurt stores, said Friday it plans to file for Chapter 11 bankruptcy reorganization, according to a filing with the Securities & Exchange Commission.
Mrs. Fields is plagued with $200 million in debt, a slowing economy where consumers have cut back on discretionary purchases and record-high dairy and ingredient prices. The company also saw the resignation of its Chief Executive Officer Stephen Russo late last month.
The company, in their most recent SEC earnings filing, reported a net loss of $10.7 million last quarter, compared with a loss of $1.4 million in the same period last year.
Damn, I love those cookies!
Cookie maker in chapter 11
winston89
Broadway Legend Joined: 6/18/06
#2re: That's the way the cookie crumbles
Posted: 8/17/08 at 8:40pmMy favorite part of going to NY Jets game is getting either a Mrs. Feild's brownie or a couple of cookies at the stand at half time.
Unknown User
Joined: 12/31/69
#2re: That's the way the cookie crumbles
Posted: 8/17/08 at 8:45pmI met Debbie a few times. Delightful woman. And each time she'd gove me a stack of her business cards, each of which could be redeemed for a cookie any time at any store. That was heaven.
BradMajors
Featured Actor Joined: 8/11/08
#3re: That's the way the cookie crumbles
Posted: 8/17/08 at 8:52pmIs this news giving you an unneeded sobbing JoeKv99?
Gothampc
Broadway Legend Joined: 5/20/03
#4re: That's the way the cookie crumbles
Posted: 8/17/08 at 10:05pmCurse those liberals for putting up signs that explain calorie content. See what you have wrought?
Juliash
Broadway Star Joined: 3/6/07
#5re: That's the way the cookie crumbles
Posted: 8/17/08 at 10:07pmJoeKV, thats probably why shes going bankrupt.
Phyllis Rogers Stone
Broadway Legend Joined: 9/16/07
#6re: That's the way the cookie crumbles
Posted: 8/18/08 at 12:15am
Jesus Christ, Goth. Your posts get more and more insane.
I worked for Mrs. Fields when I was in high school. Debbi once called the store to personally tell me what a good job I was doing.
#7re: That's the way the cookie crumbles
Posted: 8/18/08 at 12:23am
I hate to see businesses and stores closing. It's happening all around us because of this lousy economy. Have you ever heard of a PATHMARK closing? Yep, the one down the shore here is closing in a few days.
It was so sad walking around there today, seeing half empty shelves, etc.
brdlwyr
Broadway Legend Joined: 1/14/05
#8re: That's the way the cookie crumbles
Posted: 8/18/08 at 12:27amTasty Cookies! What company is next - Bennigans?
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