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Burger King and Bojangles Franchise Chains Closing After Filing Chapter 11 Bankruptcy

In the ever-competitive fast-food industry brands like Burger King and Bojangles are facing a series of economic challenges that have led to significant shifts and closures, highlighting the volatile nature of the business amid current global financial pressures. The recent filings for Chapter 11 bankruptcy by several prominent franchise operators underscore the harsh realities of operating within this sector.

A Storm Brewing in the Fast-Food Sector​

The fast-food landscape has been enduring brutal competition, exacerbated by inflation and the economic uncertainties looming over consumers. The affordability of home dining, coupled with rising labor costs and an increased debt load from the COVID-19 pandemic, has created a perfect storm for companies struggling to keep their doors open.

Restaurant Brands International (RBI), the powerhouse behind Burger King and Popeyes, has felt the brunt of these challenges more than most. In a startling revelation, three major Burger King franchisees declared bankruptcy in 2023, leading to the closure of hundreds of outlets.

Popeyes wasn’t spared either, with significant numbers of its franchises also succumbing to financial strain. RBI’s intervention to purchase Carrols, its largest Burger King franchisee, underscored the severity of the situation. Carrols, operating 1,022 Burger King and 60 Popeyes restaurants, represented a significant portion of RBI’s franchise operations, hinting at the depth of the crisis within the fast-food giant’s empire.

The Ripple Effects of Bankruptcy​

The bankruptcy filings didn’t just signify financial trouble for the franchise operators but also led to RBI making strategic moves to salvage its operations.

The company stepped in to buy out certain locations of its bankrupt franchisees, Premier Kings and Meridian, allowing some stores to remain open while others were shuttered. This move highlighted RBI’s commitment to maintaining its presence, even as it navigated the complexities of bankruptcy and ownership transitions.

Bojangles’ Bankruptcy Woes: A Symptom of a Larger Problem​

Bojangles, another significant player in the fast-food arena, faced its own set of challenges. Known for its Southern-style offerings, the chain saw the closure of all its Maryland locations due to financial issues plaguing one of its franchisees.

Unlike RBI, Bojangles’ private ownership under Durational Capital Management LP and Jordan Co. limits public insight into its financial health, leaving industry observers to speculate on the brand’s overall stability.

The bankruptcy of Bojangles’ franchisees not only resulted in store closures but also brought to light allegations of wage theft and fraudulent practices by the former operators, further tarnishing the brand’s reputation. The company’s reliance on the franchise model, similar to RBI, exposes the inherent risks of this business strategy, particularly in times of economic downturn.

The recent upheavals serve as a cautionary tale for the fast-food sector, emphasizing the need for adaptability, financial prudence, and innovative customer engagement strategies.

As companies like RBI and Bojangles chart their courses through these turbulent waters, the industry watches closely, aware that today’s challenges are shaping tomorrow’s fast-food landscape.

https://www.msn.com/en-us/money/com...S&cvid=1ac23972e8724d2aa37d075725c3cad5&ei=18

OT Iowa Women's Gymnastics Coach on leave

Anyone have details?
Racism?
Bullying?
Inappropriate relationship?
Paying rent for one of her athletes?
Other?



The University of Iowa has placed its women's gymnastics head coach on administrative leave while it seeks a review of the program.

Coach Larissa Libby has been placed on leave. Members of the women's gymnastics program at Iowa raised concerns about Libby related to the environment around the program, according to a news release from the athletics department.

New Story Molly Davis hopeful to return

University of Iowa women’s basketball redshirt senior Molly Davis suffered an injury to her right knee against Ohio State on Sunday. The announcement came Monday by P. Sue Beckwith, MD, Head Coach Lisa Bluder.

The 5-foot-7 guard is expected to undergo physical therapy next week to improve mobility for postseason play.

“While we feel for Molly that she got injured during Senior Day, we are so thankful that the injury she sustained is not season ending,” said Bluder. “Our program has appreciated everyone’s support and prayers as we look forward to her return at some point during the postseason.”

Davis has started 26 games this season, and is averaging 6.1 points, 3.1 assists and is leading the team in assist-to-turnover ratio at +2.51. The native of Midland, Michigan, has played pivotal minutes in every game this season for the Hawkeyes.

What I heard in church yesterday—a question for Christians

So, besides all the typical Easter pageantry and “He is Risen” stuff, the preacher talked about how the message of Easter is that everyone in the world is forgiven, no one has to do anything but “believe and receive,” and then you are free to go to heaven.

My question is this: What about all the people who were alive before the time of Jesus? Were all of them just screwed?

Preview: Iowa WBB vs. 3-Seed LSU

WHO: 3-seed LSU Tigers (31-5 overall, 13-3 SEC)
WHEN: 6:00 PM CT (Monday, April 1)
WHERE: MVP Arena (Albany, New York)
TV: ESPN
RADIO: Hawkeye Radio Network
ONLINE: https://www.espn.com/watch/
MOBILE: https://www.espn.com/watch/
FOLLOW: @IowaAwesome | @IowaWBB | @IowaonBTN

One nugget from Wright Thompson's excellent deep dive into Caitlin Clark was that LSU's strategy in last year's national championship game was to let Clark get her shots and limit her supporting cast. The Tigers realized that when Monika Czinano or Iowa's other starters got rolling, so did the Hawkeyes. In Iowa's losses, Clark had to carry too much of the scoring load.

The strategy worked last year, and it's largely been true this year, too. When Clark can facilitate and the other starters are hitting, Iowa rolls like it did over Colorado on Saturday. When Clark has to do too much, Iowa struggles, just like it did against West Virginia.

There's one notable exception to that trend. In the Final Four last year, South Carolina also tried to limit Clark's supporting cast. The Gamecocks were largely successful in doing so; Czinano scored 18 points, but no other Hawkeye player scored more than seven. The difference in the game was that Clark went supernova, scoring 41 points and having the answer every time South Carolina tried to seize momentum back.

This LSU team is significantly different than last year's title-winning team. Only three rotation players return from that team, and only two -- Angel Reese and Flau'jae Johnson -- played significant roles last year. LSU head coach Kim Mulkey is also back, and it's unlikely that her strategy will change much. Expect LSU to do all it can to limit Clark's ability to facilitate and make her outscore them.

How Clark manages that, and how Iowa handles LSU's rebounding and driving when the Hawks are on defense, will make or break this game.

More here: https://iowa.rivals.com/news/preview-iowa-wbb-vs-3-seed-lsu

Offshoot of burial question, how often do you visit a grave or mausoleum

I’m actually in northern Louisiana and plan on visiting the grave of a very good friend that passed away last year. First time seeing his grave. My family doesn’t do funerals or graves so I never had anywhere to visit growing up. My wife’s family are all buried in Galveston and she’ll visit her mom periodically.

Baseball Polls & RPI (4/1)

Link: D1Baseball

1. Arkansas (23-3)
2. Clemson (24-3)
3. Texas A&M (25-3)
4. Tennessee (24-5)
5. Oregon State (21-4)
6. Florida (16-11)
7. Vanderbilt (23-6)
8. Dallas Baptist (23-4)
9. Duke (20-8)
10. North Carolina (25-4)
11. Virginia Tech (21-5)
12. East Carolina (20-6)
13. Alabama (21-7)
14. Florida State (22-4)
15. Virginia (22-6)
16. UC-Irvine (22-3)
17. Kentucky (24-4)
18. LSU (20-9)
19. North Carolina State (18-7)
20. Coastal Carolina (20-7)
21. Wake Forest (17-10)
22. South Carolina (21-7)
23. Mississippi State (19-10)
24. Nebraska (20-5)
25. Central Florida (18-7)

Dropped Out
Kansas State (#23), Oklahoma (#25)

============================

Link: Baseball America

1. Arkansas (23-3)
2. Clemson (24-3)
3. Texas A&M (25-3)
4. Florida (16-11)
5. Tennessee (24-5)
6. Vanderbilt (23-6)
7. Duke (20-8)
8. Florida State (22-4)
9. Oregon State (21-4)
10. Dallas Baptist (23-4)
11. Alabama (21-7)
12. Virginia (21-6)
13. North Carolina (25-4)
14. UC-Irvine (22-3)
15. South Carolina (21-7)
16. East Carolina (20-6)
17. Virginia Tech (21-5)
18. Kentucky (24-4)
19. Mississippi State (19-10)
20. Oregon (19-7)
21. North Carolina State (18-7)
22. Nebraska (20-5)
23. UC-Santa Barbara (15-8)
24. Coastal Carolina (20-7)
25. LSU (20-9)

============================

Link: Perfect Game

1. Arkansas (23-3)
2. Clemson (24-3)
3. Texas A&M (25-3)
4. Oregon State (21-4)
5. Tennessee (24-5)
6. Florida (16-11)
7. Dallas Baptist (24-3)
8. Vanderbilt (23-6)
9. Duke (20-8)
10. North Carolina (25-4)
11. Florida State (22-4)
12. Kentucky (24-4)
13. Virginia (22-6)
14. Virginia Tech (21-5)
15. Alabama (21-7)
16. LSU (20-9)
17. Indiana State (21-5)
18. East Carolina (20-6)
19. UC-Irvine (22-3)
20. Central Florida (18-7)
21. North Carolina State (18-7)
22. Coastal Carolina (20-7)
23. South Carolina (21-7)
24. Wake Forest (17-10)
25. Nebraska (20-5)

Dropped Out
Auburn, Oklahoma, Campbell, Kansas State

Others Considered
Lamar, Louisiana-Lafayette, Oklahoma State, St. John's, Utah

============================

Link: USA Today Coaches Poll

1. Arkansas (31) (23-3)
2. Clemson (24-3)
3. Texas A&M (25-3)
4. Tennessee (24-5)
5. Oregon State (21-4)
6. Vanderbilt (23-6)
7. North Carolina (25-4)
8. Dallas Baptist (23-4)
9. Florida (16-11)
10. Duke (20-8)
11. Virginia (22-6)
12. Florida State (22-4)
13. East Carolina (20-6)
14. Alabama (21-7)
15. Virginia Tech (21-5)
16. Kentucky (24-4)
17. UC-Irvine (22-3)
18. LSU (20-9)
19. South Carolina (21-7)
20. North Carolina State (18-7)
21. Coastal Carolina (20-7)
22. Wake Forest (17-10)
23. Nebraska (20-5)
24. Georgia (22-6)
25. TCU (20-7)

Others Receiving Votes
Mississippi State, Central Florida, Indiana State, Oregon, Texas, Texas Tech, Oklahoma State, Kansas State, Campbell, Lamar, UC-Santa Barbara, Louisiana-Lafayette, Northeastern, Creighton, Miami (FL), St. John's, Louisiana Tech

Dropped Out
Mississippi State (#23)

============================

Link: NCBWA

1. Arkansas (23-3)
2. Clemson (24-3)
3. Texas A&M (25-3)
4. Tennessee (24-5)
5. Oregon State (21-4)
6. Vanderbilt (23-6)
7. North Carolina (25-4)
8. Dallas Baptist (23-4)
9. Duke (20-8)
10. Florida (16-11)
11. Virginia (22-6)
12. Florida State (22-4)
13. East Carolina (20-6)
14. Alabama (21-7)
15. Kentucky (24-4)
16. Virginia Tech (21-5)
17. UC-Irvine (22-3)
18. LSU (20-9)
19. North Carolina State (18-7)
20. South Carolina (21-7)
21. Wake Forest (17-10)
22. Coastal Carolina (20-7)
23. Nebraska (20-5)
24. TCU (20-7)
25. Indiana State (21-5)

Others Receiving Votes (listed alphabetically)
Auburn, Campbell, Central Florida, Creighton, Georgetown, Georgia, Jackson State, Kansas State, Lamar, Louisiana-Lafayette, Maryland, Mississippi State, North Carolina-Wilmington, Northeastern, Oklahoma, Oklahoma State, Oregon, Rutgers, St. John's, Samford, Southern Mississippi, Texas, Texas Tech, UC-Santa Barbara, Utah, William & Mary

Dropped Out
Georgia (#22), Mississippi State (#23), Kansas State (#24)

============================

Link: NCAA RPI
1. Clemson
2. Florida State
3. Arkansas
4. North Carolina
5. Georgia
6. Central Florida
7. Kentucky
8. South Carolina
9. Texas A&M
10. Oregon State
11. Nebraska
12. Tennessee
13. East Carolina
14. Virginia
15. Indiana State
16. Alabama
17. Florida
18. Coastal Carolina
19. Duke
20. Dallas Baptist
21. UC-Irvine
22. Vanderbilt
23. TCU
24. Mississippi
25. Oklahoma State
---------------------------
31. Maryland
43. Rutgers
66. Ohio State
81. Northwestern
86. Illinois
96. Iowa
100. Indiana
104. Michigan
113. Purdue
117. Michigan State
145. Minnesota
209. Penn State
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