Six Flags bites the dust.
Who's next?
1) Rite Aid
2) Sirius XM Radio (Huge bummer)
3) Krispy Kreme
4) Sbarro
5) Blockbuster
6) Dollar Thrifty Car Rental
7) Chrysler - BANKRUPT
8) Six Flags - BANKRUPT
9) Harley Davidson
10) Winnebago
I say Sbarro goes down next, followed by Rite Aid and then Harley Davidson.
Sbarro is dying because it over expanded, mostly in malls. Malls are empty.
Rite Aid is carrying $6 billion in debt and desperately trying to refinance.
Harley's stock and sales are plummeting. Plus, they got into the subprime racket and are still suffering.
After that I am calling for Krispy Kreme.. they closed down all of their locations in Buffalo about a year ago...which doesn't sound good to me. Though, if you're familiar with Buffalo we have Tim Hortons...mmmmm......Timmy Ho's