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Fri Sep 21, 2018, 05:02 PM

 

Hoagie chain Taylor Gourmet closes because of Trump photo op


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11 replies, 1319 views

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Reply Hoagie chain Taylor Gourmet closes because of Trump photo op (Original post)
MariaCSR Sep 2018 OP
CurtEastPoint Sep 2018 #1
fleur-de-lisa Sep 2018 #2
fleur-de-lisa Sep 2018 #3
CurtEastPoint Sep 2018 #5
MariaCSR Sep 2018 #10
mopinko Sep 2018 #11
MariaCSR Sep 2018 #4
HipChick Sep 2018 #6
MariaCSR Sep 2018 #9
idcdu Sep 2018 #7
dalton99a Sep 2018 #8

Response to MariaCSR (Original post)

Fri Sep 21, 2018, 05:03 PM

1. ? Not found

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Response to MariaCSR (Original post)

Fri Sep 21, 2018, 05:06 PM

3. From an article in the Washingtonian:

https://www.washingtonian.com/2018/09/21/hoagie-chain-taylor-gourmet-will-close-all-of-its-stores/

Taylor Gourmet will close all 17 of its DC-area stores after Sunday, September 23. Friday is the last day for the hoagie chain’s two Chicago stores. The closures come as Connecticut-based private equity firm KarpReilly, which infused Taylor Gourmet with a reported $5.6 million investment in 2015, pulled out of the company. Owner Casey Patten declined to comment, but a spokesperson confirmed the news. Representatives for KarpReilly were not immediately available for comment.

Multiple sources familiar with the company tell Washingtonian that a Chapter 7 bankruptcy filing is imminent. Nothing has been filed yet, and a spokesperson declined to comment on a potential bankruptcy.

How did we get here? Taylor Gourmet’s official line is that its rapid expansion may have been too much, too fast. Patten told the Washington Business Journal last week that Taylor Gourmet stores were still profitable, but he was considering closing three locations. He blamed changes in the fast-casual world and increased competition driving up real estate prices. He said the problem was that some of the stores had more square footage than they needed.

However, three people familiar with the company say sales began to decline after owner Patten met with President Donald Trump at a small business roundtable at the White House in January 2017. Facing backlash and calls for boycotts, Patten told the Washington Post that he’s apolitical when it comes to business and pointed out he also participated in a roundtable discussion with President Barack Obama in 2012. The restaurant posted a “Less Politics, More Hoagies” sign at its Chinatown shop.

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Response to fleur-de-lisa (Reply #3)

Fri Sep 21, 2018, 05:08 PM

5. Ah. Thanks to both of you.

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Response to fleur-de-lisa (Reply #3)

Fri Sep 21, 2018, 05:17 PM

10. Thank you.

 

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Response to fleur-de-lisa (Reply #3)

Fri Sep 21, 2018, 06:32 PM

11. why do these idiots try to compete in chicago?

 

dude, go to east bumfuck where they know nothing about good food. we too savvy here for you unless you have top notch chops.
and if you sucked up to any rethug, ever, try peoria.

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Response to MariaCSR (Original post)

Fri Sep 21, 2018, 05:07 PM

4. My bad. fixed it.

 

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Response to MariaCSR (Original post)

Fri Sep 21, 2018, 05:08 PM

6. Everything he touches turns to shit..

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Response to HipChick (Reply #6)

Fri Sep 21, 2018, 05:17 PM

9. So much for being a job creator

 

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Response to MariaCSR (Original post)

Fri Sep 21, 2018, 05:09 PM

7. Never heard of it.

 

Nor do I order from Jimmy John's. Tastes like crap.

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Response to MariaCSR (Original post)

Fri Sep 21, 2018, 05:11 PM

8. Kiss Trump's ass, and he'll shit on you

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