The Real Reason Boston Market Is Disappearing Across The Country
Boston Market, once deemed a worthy competitor in the fast-casual restaurant space, has suffered in recent years, and as delectable as that fall-off-the-bone rotisserie chicken might be, a lot has gone wrong for this once-prominent chain. Here are all the reasons Boston Market is disappearing.
In the early ‘90s, the chain then known as “Boston Chicken” rocketed to fame and fortune with an aggressive expansion strategy that was built on a house of lies. Essentially the company would loan money to potential franchisees, who would then use that money to pay the company a franchise fee, along with other costs, including interest on the loan.
The parent company then reported all this income as pure profit, leaving the franchisees to bear the burden of startup costs. As a result, individual franchises suffered while the home office reported record growth and profit. This allowed them to launch a stock offering in 1996 which saw the price of shares double in a single day, and then double again before the end of the year.
Since the profit model was based on constant expansion, you can guess what happened. The market reached saturation, struggling franchisees couldn't repay their loans, and suddenly the whole thing collapsed. In 1998, the company declared bankruptcy and was forced to close over 700 locations.
#BostonMarket
Hub of the chickenverse | 0:16
Enter the Hamburglar | 1:10
A game of chicken | 1:53
Marketing missteps | 2:19
They're pretty low on atmosphere | 3:05
The menu is old fashioned | 3:30
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Denver | Wikipedia audio article
This is an audio version of the Wikipedia Article:
Denver
Listening is a more natural way of learning, when compared to reading. Written language only began at around 3200 BC, but spoken language has existed long ago.
Learning by listening is a great way to:
- increases imagination and understanding
- improves your listening skills
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- learn while on the move
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Now learn the vast amount of general knowledge available on Wikipedia through audio (audio article). You could even learn subconsciously by playing the audio while you are sleeping! If you are planning to listen a lot, you could try using a bone conduction headphone, or a standard speaker instead of an earphone.
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The only true wisdom is in knowing you know nothing.
- Socrates
SUMMARY
=======
Denver (), officially the City and County of Denver, is the capital and most populous municipality of the U.S. state of Colorado. Denver is located in the South Platte River Valley on the western edge of the High Plains just east of the Front Range of the Rocky Mountains. The Denver downtown district is immediately east of the confluence of Cherry Creek with the South Platte River, approximately 12 mi (19 km) east of the foothills of the Rocky Mountains. Denver is nicknamed the Mile High City because its official elevation is exactly one mile (5280 feet or 1609.3 meters) above sea level. The 105th meridian west of Greenwich, the longitudinal reference for the Mountain Time Zone, passes directly through Denver Union Station.
Denver is ranked as a Beta- world city by the Globalization and World Cities Research Network. With an estimated population of 704,621 in 2017, Denver is the 19th-most populous U.S. city, and with a 17.41% increase since the 2010 United States Census, it has been one of the fastest-growing major cities in the United States. The 10-county Denver-Aurora-Lakewood, CO Metropolitan Statistical Area had an estimated 2017 population of 2,888,227 and is the 19th most populous U.S. metropolitan statistical area. The 12-city Denver-Aurora, CO Combined Statistical Area had an estimated 2017 population of 3,515,374 and is the 15th most populous U.S. metropolitan area. Denver is the most populous city of the 18-county Front Range Urban Corridor, an oblong urban region stretching across two states with an estimated 2017 population of 4,895,589. Denver is the most populous city within a 500-mile (800 km) radius and the second-most populous city in the Mountain West after Phoenix, Arizona. In 2016, Denver was named the best place to live in the United States by U.S. News & World Report.
Denver, Colorado | Wikipedia audio article
This is an audio version of the Wikipedia Article:
00:02:19 1 History
00:12:32 2 Geography
00:14:07 2.1 Neighborhoods
00:16:21 2.2 Adjacent counties, municipalities and Census designated place (CDP)s
00:16:35 2.3 Climate
00:20:35 3 Demographics
00:25:34 3.1 Languages
00:26:39 3.2 Longevity
00:26:58 4 Economy
00:35:31 5 Culture and contemporary life
00:42:07 6 Sports
00:45:20 7 Parks and recreation
00:48:28 8 Government
00:50:00 8.1 Politics
00:55:09 8.2 Taxes
00:56:00 9 Education
00:57:19 10 Media
00:57:36 10.1 Television stations
00:59:37 10.2 Radio stations
01:00:09 10.3 Print
01:01:01 11 Transportation
01:01:10 11.1 City streets
01:04:52 11.2 Cycling
01:06:01 11.3 Micro-mobility
01:07:04 11.4 Walkability
01:07:43 11.5 Modal characteristics
01:08:13 11.6 Freeways and highways
01:13:18 11.7 Mass transportation
01:17:54 11.7.1 Denver public transportation statistics
01:18:45 11.8 Airports
01:21:04 12 Notable people
01:21:12 13 In popular culture
01:22:49 14 Sister cities
01:23:55 15 See also
Listening is a more natural way of learning, when compared to reading. Written language only began at around 3200 BC, but spoken language has existed long ago.
Learning by listening is a great way to:
- increases imagination and understanding
- improves your listening skills
- improves your own spoken accent
- learn while on the move
- reduce eye strain
Now learn the vast amount of general knowledge available on Wikipedia through audio (audio article). You could even learn subconsciously by playing the audio while you are sleeping! If you are planning to listen a lot, you could try using a bone conduction headphone, or a standard speaker instead of an earphone.
Listen on Google Assistant through Extra Audio:
Other Wikipedia audio articles at:
Upload your own Wikipedia articles through:
Speaking Rate: 0.9380114539890987
Voice name: en-AU-Wavenet-C
I cannot teach anybody anything, I can only make them think.
- Socrates
SUMMARY
=======
Denver (), officially the City and County of Denver, is the capital and most populous municipality of the U.S. state of Colorado. Denver is located in the South Platte River Valley on the western edge of the High Plains just east of the Front Range of the Rocky Mountains. The Denver downtown district is immediately east of the confluence of Cherry Creek with the South Platte River, approximately 12 mi (19 km) east of the foothills of the Rocky Mountains. Denver is named after James W. Denver, a governor of the Kansas Territory. It is nicknamed the Mile High City because its official elevation is exactly one mile (5280 feet or 1609.3 meters) above sea level. The 105th meridian west of Greenwich, the longitudinal reference for the Mountain Time Zone, passes directly through Denver Union Station.
Denver is ranked as a Beta world city by the Globalization and World Cities Research Network. With an estimated population of 716,492 in 2018, Denver is the 19th-most populous U.S. city, and with a 19.38% increase since the 2010 United States Census, it has been one of the fastest-growing major cities in the United States. The 10-county Denver-Aurora-Lakewood, CO Metropolitan Statistical Area had an estimated 2018 population of 2,932,415 and is the 19th most populous U.S. metropolitan statistical area. The 12-city Denver-Aurora, CO Combined Statistical Area had an estimated 2018 population of 3,572,798 and is the 15th most populous U.S. metropolitan area. Denver is the most populous city of the 18-county Front Range Urban Corridor, an oblong urban region stretching across two states with an estimated 2018 population of 4,976,781. Denver is the most populous city within a 500-mile (800 km) radius and the second-most populous city in the Mountain West after Phoenix, Arizona. In 2016, Denver was named the best place to live in the United States by U.S. News & World Report.
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