BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Doomsday Scenario: Bain eats onion, no-name groceries hot, pension fund fracas]]>http://www.bloggingstocks.com/2009/03/11/doomsday-scenario-no-name-groceries-hot-pensi/http://www.bloggingstocks.com/2009/03/11/doomsday-scenario-no-name-groceries-hot-pensi/http://www.bloggingstocks.com/2009/03/11/doomsday-scenario-no-name-groceries-hot-pensi/#commentsFiled under: , , , ,

More wonderful and weird tidings: Bain Capital, the brainiac Boston buyout fund, has hired salvage consultancy AlixPartners to extricate any remaining value from its bankrupt buy-out, Outback Steakhouse Incorporated. Outback is the originator of mega-calorie Blooming Onion, and is apparently too many calories for Bain, as the company reported a quarterly loss of a whopping $750 million.

Big grocery chain The Kroger Company (NYS: KR) reported strong earnings. That's the good news. The bad news? Growth was fueled by record growth in purchases by customers of its private label goods, which rose to a stunning 35% of total store purchases. Not only cat food, but white label cat food for the recession, people.

Continue reading Doomsday Scenario: Bain eats onion, no-name groceries hot, pension fund fracas

Doomsday Scenario: Bain eats onion, no-name groceries hot, pension fund fracas originally appeared on BloggingStocks on Wed, 11 Mar 2009 15:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>BainCDSfeaturedgroceriesKrogerOutback Steak HouseOutbackSteakHousepension fundsprivate equityrecessionWed, 11 Mar 2009 15:40:00 EST