knightni Posted February 18, 2011 Share Posted February 18, 2011 http://chicagobreakingbusiness.com/2011/02...bankruptcy.html Quote Link to comment Share on other sites More sharing options...
lostfan Posted February 18, 2011 Share Posted February 18, 2011 NOOOOOOOOOOOOOOOOOO Quote Link to comment Share on other sites More sharing options...
LittleHurt05 Posted February 18, 2011 Share Posted February 18, 2011 That sucks!!!! My favorite stuffed pizza Quote Link to comment Share on other sites More sharing options...
lostfan Posted February 18, 2011 Share Posted February 18, 2011 Hopefully this doesn't mean the chain is actually in trouble. Quote Link to comment Share on other sites More sharing options...
Jordan4life_2007 Posted February 18, 2011 Share Posted February 18, 2011 This is a tragedy. They've got the best Italian beefs outside of Portillos. The deep dish is the s*** as well. Quote Link to comment Share on other sites More sharing options...
mr_genius Posted February 18, 2011 Share Posted February 18, 2011 Quote Link to comment Share on other sites More sharing options...
Balta1701 Posted February 18, 2011 Share Posted February 18, 2011 Hopefully they stay open. Quote Link to comment Share on other sites More sharing options...
Brian Posted February 18, 2011 Share Posted February 18, 2011 Stuffed crust pepperoni. Only way I have pepperoni on my zza. Quote Link to comment Share on other sites More sharing options...
StrangeSox Posted February 18, 2011 Share Posted February 18, 2011 Wow, didn't see that coming. Quote Link to comment Share on other sites More sharing options...
lostfan Posted February 18, 2011 Share Posted February 18, 2011 Well declaring bankruptcy ≠ the death of a business if there's still a market for what you're selling, and there obviously is for Giordano's. They must've been under some debt weight they couldn't support anymore. Hopefully they come out of this. Quote Link to comment Share on other sites More sharing options...
StrangeSox Posted February 18, 2011 Share Posted February 18, 2011 Probably too much expansion with heavy leases before everything went to s***. Quote Link to comment Share on other sites More sharing options...
Chisoxfn Posted February 18, 2011 Share Posted February 18, 2011 I wouldn't expect them to close there doors anytime soon. This is purely a move to get away from some debt. Quote Link to comment Share on other sites More sharing options...
Soxbadger Posted February 18, 2011 Share Posted February 18, 2011 Yeah I assume this is just for debt purposes only. Corps are different when it comes to bankruptcy because there is generally a pretty big incentive for the creditors to work with the company (if they dont the company goes under and the creditors may get nada, as opposed to keeping the business open and restructuring the debt so that they can get paid.) Quote Link to comment Share on other sites More sharing options...
RockRaines Posted February 18, 2011 Share Posted February 18, 2011 Meh, wouldnt miss it if it was gone really. Quote Link to comment Share on other sites More sharing options...
The Critic Posted February 18, 2011 Share Posted February 18, 2011 QUOTE (RockRaines @ Feb 18, 2011 -> 10:23 AM) Meh, wouldnt miss it if it was gone really. I would. Giordano's is my favorite deep-dish now. Lou Malnati's did something to their recipe and I don't like it much at all anymore. Most local places make the sauce too sweet in the deep-dish. Sweeter sauce is fine for thin-crust but it's nasty in a deep-dish. Quote Link to comment Share on other sites More sharing options...
HuskyCaucasian Posted February 18, 2011 Share Posted February 18, 2011 As long as Lou's doesnt go under, I am ok... Quote Link to comment Share on other sites More sharing options...
RockRaines Posted February 18, 2011 Share Posted February 18, 2011 QUOTE (The Critic @ Feb 18, 2011 -> 09:43 AM) I would. Giordano's is my favorite deep-dish now. Lou Malnati's did something to their recipe and I don't like it much at all anymore. Most local places make the sauce too sweet in the deep-dish. Sweeter sauce is fine for thin-crust but it's nasty in a deep-dish. Giordanos did something to their sauce a few years ago adding cinnamon or something of the like and now its not as good IMO. It doesnt make my top 5 pizza places. Lou's doesnt really use sauce, they use chunky tomatoes and they've been the same supplier since the 70's. My top 5 pizzas in no particular order: 1. Salernos 2. Mrs T's 3. Lou's 4. Art of Pizza 5. Coalfire (for super thin crust) Quote Link to comment Share on other sites More sharing options...
StrangeSox Posted February 18, 2011 Share Posted February 18, 2011 Heard on the news this morning that they've got about $49M in real estate loans they've defaulted on (or at risk of defaulting on). Quote Link to comment Share on other sites More sharing options...
jasonxctf Posted February 18, 2011 Share Posted February 18, 2011 QUOTE (RockRaines @ Feb 18, 2011 -> 03:23 PM) Meh, wouldnt miss it if it was gone really. ditto Quote Link to comment Share on other sites More sharing options...
Steve9347 Posted February 18, 2011 Share Posted February 18, 2011 QUOTE (RockRaines @ Feb 18, 2011 -> 09:50 AM) Giordanos did something to their sauce a few years ago adding cinnamon or something of the like and now its not as good IMO. It doesnt make my top 5 pizza places. Lou's doesnt really use sauce, they use chunky tomatoes and they've been the same supplier since the 70's. My top 5 pizzas in no particular order: 1. Salernos 2. Mrs T's 3. Lou's 4. Art of Pizza 5. Coalfire (for super thin crust) Salernos is amazing. Quote Link to comment Share on other sites More sharing options...
southsider2k5 Posted February 18, 2011 Share Posted February 18, 2011 QUOTE (RockRaines @ Feb 18, 2011 -> 09:50 AM) Giordanos did something to their sauce a few years ago adding cinnamon or something of the like and now its not as good IMO. It doesnt make my top 5 pizza places. Lou's doesnt really use sauce, they use chunky tomatoes and they've been the same supplier since the 70's. My top 5 pizzas in no particular order: 1. Salernos 2. Mrs T's 3. Lou's 4. Art of Pizza 5. Coalfire (for super thin crust) Ugh. thin crust is disgusting. Quote Link to comment Share on other sites More sharing options...
RockRaines Posted February 18, 2011 Share Posted February 18, 2011 QUOTE (southsider2k5 @ Feb 18, 2011 -> 11:51 AM) Ugh. thin crust is disgusting. You dont like the super crispy thin crust once in awhile? Coalfire does the Neapolitan type of pizza, its pretty good. Quote Link to comment Share on other sites More sharing options...
RockRaines Posted February 18, 2011 Share Posted February 18, 2011 QUOTE (Steve9347 @ Feb 18, 2011 -> 11:46 AM) Salernos is amazing. Have you throw giardiniera on the pizza yet? It kicks it up a notch. Quote Link to comment Share on other sites More sharing options...
Texsox Posted February 18, 2011 Share Posted February 18, 2011 As long as there is a Lou's open, I will survive. I also love a Chicago thin crust once in a while. The best pie within 30 minutes of me is a New York style, not a bad substitute. BJ Brewhouse also makes a decent deep dish, but again, it's just a substitute because Lou's the permanent one. Quote Link to comment Share on other sites More sharing options...
kjshoe04 Posted February 18, 2011 Share Posted February 18, 2011 QUOTE (southsider2k5 @ Feb 18, 2011 -> 11:51 AM) Ugh. thin crust is disgusting. You, my friend, are wrong. Deep dish is disgusting. Quote Link to comment Share on other sites More sharing options...
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