From my awesome prediction earlier this year: Two down.
Six Flags bites the dust.
Who's next?
Six Flags bites the dust.
Who's next?
1) Rite Aid
2) Sirius XM Radio (Huge bummer)
3) Krispy Kreme
4) Sbarro
5) Blockbuster
6) Dollar Thrifty Car Rental
7) Chrysler - BANKRUPT
8) Six Flags - BANKRUPT
9) Harley Davidson
10) Winnebago
I say Sbarro goes down next, followed by Rite Aid and then Harley Davidson.
Sbarro is dying because it over expanded, mostly in malls. Malls are empty.
Rite Aid is carrying $6 billion in debt and desperately trying to refinance.
Harley's stock and sales are plummeting. Plus, they got into the subprime racket and are still suffering.
After that I am calling for Krispy Kreme.. they closed down all of their locations in Buffalo about a year ago...which doesn't sound good to me. Though, if you're familiar with Buffalo we have Tim Hortons...mmmmm......Timmy Ho's