Media City Groove
Media City/Burbank l news l entertainment l features l opinion l and whatever sparks interest
No last-minute reprieve for the Fresh & Easy grocery chain, the latest victim of the very competitive U.S. market. After the company filed for chapter 11 bankruptcy at the end of last month, all the stores are being closed — today is the last day. Over the past couple of weeks, prices have been slashed until now the discounts are at least 70 percent! If the other Fresh & Easy markets are anything like the one at 1615 West Verdugo Avenue in Burbank, the... Read More →
As some diners have discovered, the Elephant Bar Restaurant in Downtown Burbank has closed. On Monday, June 16, S.B. Restaurant Company, the parent of the Elephant Bar Global Grill/Wok Kitchen chain, reportedly filed for Chapter 11 bankruptcy. The petition to reorganize includes the shutdown of 16 of the casual dining chain restaurants including the one at North First Street and East Orange Grove Avenue in Burbank. At the shuttered Burbank restaurant, there’s a notice on the door thanking customers for their patronage and a for lease... Read More →
There was an uproar when Hostess filed for bankruptcy last November, ending the production of some our favorite sweets likeTwinkies. Now there’s a good chance those golden sponge cakes with the cream filling, will be back on store shelves in Burbank and elsewhere in a few months. The reason: the successful bid of $410 million offered by private equity firms Apollo Global Management and Metropoulos & Co., according to CNN Money. Hostess reportedly accepted the bid on Monday, March 11. The purchase involves the... Read More →
Embattled Dodger owner, Frank McCourt, is still fighting to keep control of the team. Yesterday, the Dodgers filed for Chapter 11 Bankruptcy. Today McCourt is trying to wrangle enough money to pay the team’s bills. More on McCourt’s dilemma and an upcoming hearing in U.S. bankruptcy court on the Los Angeles Times website.
