Is Six Flags In Trouble?

February 10, 2009 17:41 pm

by Buzz Brockway · 28 comments

Moody’s investors services put Six Flags on the list of companies that may fail this year. That’s not good news.

Here’s the complete list:

* Rite Aid
* Claire’s Stores
* Chrysler
* Dollar Thrifty Automotive Group
* Realogy Corp
* Station Casinos
* Loehmann’s Capital Corp.
* Sbarro
* Six Flags
* Blockbuster
* Krispy Kreme
* Landry’s Restaurants
* Sirius Satellite Radio
* Trump Entertainment Resorts Holdings
* BearingPoint

{ 28 comments }

EAVDad February 10, 2009 at 5:55 pm

KRISPY KREME? KRISPY KREME?

Okay…the legislature needs to get involved in this. We need a state Kripsy Kreme Bailout. Seriously…where are my elected officials when I need you?

Icarus February 10, 2009 at 6:03 pm

Obama will save Sborro and Krispy Kreme. I understand that legalization of “medical” marijuana is right around the corner. If they make it available by prescription, that might save Rite Aid too.

Bill Simon February 10, 2009 at 6:09 pm

The big (non) surprise is Sirius Satellite. What? Paying Howard Stern $100,000,000 didn’t cause advertisers to spend $200,000,000 advertising on his show???

Kellie February 10, 2009 at 6:09 pm

I can see Six Flags going under they got away from customer service years ago so families stopped going. But Krispy Kreme? They’re soooo bad for you yet soooo goooooood!

odinseye2k February 10, 2009 at 6:09 pm

Not only would legalizing save Krispy Kreme, it would make it feasible for any restaurant priced under $10 a meal to be open 24 hours.

I’m totally down with that.

Rick Day February 10, 2009 at 6:41 pm

in before pot legalization wank….oops..too late…

Let me tell you something. KK is 80% AIR. It creates artifical mass, created to fool the eye. Unfortunately they are tastey as your first true love, so this is hard to swallow for some.

There is only one thing I can’t live without on that list and that is my SATELLITE RADIO!

*shakes fist* Curse you ‘free marketeers’ for fostering an environment whereby x-m and Sirius merged. Curse you to the Hell that is solar-buzzed-out AM.

Sbarro just needs to quietly pack its tents and head back to…wherever it came from. ugh.

Dark Knight Begins February 10, 2009 at 6:49 pm

After visiting Cedar Point (Sandusky, OH) and Universal Islands of Adventure (Orlando, FL), Six Flags – particularly Six Flags over Georgia – was nothing but a temporary roller coaster fix.

Like taking tylenol when addicted to codeine… it is but a PALE imitation!

Krispy Kreme was the real shocker to me, but I can see the explanation in the article that their growth was simply too explosive.

EAVDad February 10, 2009 at 7:14 pm

DKB — Krispy Kremes have led to “explosive growth” in my waistline. So it serves em right!

Game Fan February 10, 2009 at 7:19 pm

If Six Flags sold beer they could rename the Mindbender. They could call it “THE VOMITON”!!

Game Fan February 10, 2009 at 7:26 pm

Actually I try to avoid biscuits, doughnuts and those apple cruller things. How come the best tasting stuff gives me constipation? WTF?

Lt. Colonel Sheppie February 10, 2009 at 8:24 pm

8 straight rides on the Mindbender and you don’t need beer.

I will say this, a few years ago Safe Kids of Georgia had a teen driving safety day at Six Flags. Since Oxendine sits on the Board of Safe Kids, we were there all day for the event. At the end, I asked him how long it had been since he had been to Six Flags. It had been since the early 1990s so I made him ride the Batman before he could leave.

D.K.B. I agree absolutely. Though I still think Goliath is the best roller coaster I have been on. It’s like the classic wooden roller coasters without the jarring bumps and shakes. Plus I keep challenging the wife not to black out on the first drop. She hasn’t made it yet.

Three Jack February 10, 2009 at 9:32 pm

teen driving safety day with oxendine, that makes perfect sense.

Lt. Colonel Sheppie February 10, 2009 at 9:35 pm

14 years without an accident is a pretty good safety record 3J.

Kellie February 11, 2009 at 4:00 am

I haven’t been in an accident since I was 17 – which was a long time ago. I wouldn’t mind being in one though, as long as it wasn’t my fault and no one was hurt. We could always use the work. ;-)

Game Fan February 11, 2009 at 7:45 am

Malibu Grand Prix used to have a “glass track” where you would “drift” or whatever. Great training for if you find yourself hydroplaning or sliding around on an icy bridge. The next best thing would be in go-carts on some pea gravel I suppose.

Briardawg February 11, 2009 at 11:20 am

Oh heck no! We ain’t letting Krispy Kreme fail without a fight!

Dash Riptide February 11, 2009 at 1:54 pm

Unfortunately, loving Krispy Kreme doesn’t exactly turn you into a Spartan.

jsm February 11, 2009 at 2:15 pm

Krispy Kreme has been doing a lot of building and renovating recently. They leveled the one in Riverdale that I grew up on and rebuilt it from the ground up. Might have seemed like a good decision at the time, but maybe not so much now. I don’t think they’ll go anywhere. At worst, they do bankruptcy, reorganization and closing of some locations. Their product is too much of a fixture in much of the south, even at the local QT.

As much as I love those things, I have to limit myself to 3-4 times a year. Health consciousness may mean they have to trim back the business a little, because those whole wheat ‘diet’ donuts just don’t hit the spot.

Dash Riptide February 11, 2009 at 2:22 pm

The smartest thing you can do with Krispy Kremes is to overindulge every time you start eating them. You tend to remember how awful you felt afterward more than how good the first one tasted when you eat them that way. I haven’t had one in at least a year, I’m sure.

jsm February 11, 2009 at 2:27 pm

Dude, when I was a kid, we would stop in at midnight or later on the way back from Six Flags (not kidding–we went about twice a week for a few summers) if the “Hot Doughnuts Now” sign was on and get a dozen. Put one of those on your head, and your tongue will lick your brains out trying to get to it. Those things are more addictive than crystal meth when they’re warm.

Dash Riptide February 11, 2009 at 2:40 pm

I live near the legendary Ponce location. Is the “Hot Doughnuts Now” sign ever really turned off?

Icarus February 11, 2009 at 2:45 pm

“Those things are more addictive than crystal meth when they’re warm.”

Well, if you were at the one in Riverdale, I’d say you probably had a fair basis for that comparison.

Game Fan February 11, 2009 at 11:45 pm

“The smartest thing you can do with Krispy Kremes is to overindulge every time you start eating them.”

So I should go get a dozen?

kcordell February 12, 2009 at 6:43 am

If you remember KK went public just before the “low-carb” fad started. It hit KK hard but, they survived. I hope they can weather this too.

Dash Riptide February 12, 2009 at 7:57 am

So I should go get a dozen?

Exactly. Eat a half dozen and share the rest.

marion hose February 12, 2009 at 12:24 pm

I am skeptical about the inclusion of Loehmann’s in the list. Of course the company has issued the normal denials, but this time I believe them. As the original article states, they *do* have the right formula for success in difficult times, desirable merchandise at discount prices. The key thing to remember about Loehmann’s is that they have a veritable *cult* surrounding them. Their new Loehmann’s FaceBook Fan Page looks like it’s going to get to 5000 fans within 24 hours after launch.

jsm February 12, 2009 at 2:18 pm

“Well, if you were at the one in Riverdale, I’d say you probably had a fair basis for that comparison.”

Yeah, we always called our town ‘Reeferdale.’

Icarus February 12, 2009 at 2:27 pm

You’re not the only ones.

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