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JenTiki
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Tue, Jul 12, 2011 3:28 PM
Just posted on Facebook by Trader Vic's Scottsdale:
[ Edited by: JenTiki 2011-07-17 13:30 ] |
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tiki-tina
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Tue, Jul 12, 2011 4:58 PM
Yep, so, so sad :(. Happy to have had the opportunity to visit and throw ouur little wing ding there in the summer of '06! |
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bigbadtikidaddy
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Tue, Jul 12, 2011 5:39 PM
not surprised. the bar seemed to do ok but the restaurant was almost always empty. what a shame. |
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Tom Slick
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Tue, Jul 12, 2011 7:03 PM
I still look towards their Corporate for the constant failures. Somebody(ies) up at the top is(are) only in it for the quick paychecks, and not for the longevity, integrity, nor success of the company. I've NEVER seen a company in recent times open and close soo many locations, and who have so few locations to begin with. Sorry for the Scottsdale, AZ loss Arizonians...but I can say that, I'm not all that surprised. |
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zond2
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Wed, Jul 13, 2011 6:20 AM
Even for Scottsdale their food was overpriced and underquality... charging for each soda refill during a meal what's up with that? |
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arriano
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Wed, Jul 13, 2011 10:19 AM
I think most Trader Vic's are doomed. They're too expensive in general, and in a down economy there's little chance of them surviving. |
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GatorRob
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Wed, Jul 13, 2011 4:03 PM
Sure there is. Business travelers going to conventions. I'm sure that's what has kept the Atlanta Trader Vic's alive and well all these years. If you go on a weekend, it's completely dead in there. But weekdays are for those on expense accounts. I imagine that's a key survival strategy. People on convention/business travel want to unwind and escape (and that dreaded word: network) at the end of the day. And what a perfect place for that. Unfortunately, in this day and age a Trader Vic's relying on locals and weekend partiers is a much dicier prospect and one that I would not bet my money on. |
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TikiMookie
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Wed, Jul 13, 2011 4:21 PM
Oh this is terrible news. We were just there enjoying their outdoor patio for Spring Training. I'm so sad. I've been there several times, we're in No. Cal. We always make the trip there if we are nearby. I could cry. |
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Hanalei Tiki
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Wed, Jul 13, 2011 5:43 PM
Scottsdale was my first Trader Vic's experience, having been there a couple of years ago. I had a great time ... a really cool place, unlike any bar I had been to before, and where I had my first 'authentic' Mai Tai. The manager actually comp'd us a free drink when we told him we were from Canada and we talked hockey. But I can relate to poor business. It was late October, during the week and we were the only ones there from opening till about 8 p.m. I was wondering where all the people were. Too bad, I was looking forward to going back there this fall when we're in Phoenix. [ Edited by: Hanalei Tiki 2011-07-13 17:47 ] |
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christiki295
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Thu, Jul 14, 2011 8:28 AM
Sad. San Francisco closed about two years ago and now Scottsdale. |
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christiki295
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Thu, Jul 14, 2011 11:16 PM
Add Chicago to the list of Trader Vic failures. |
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Molokai Mike
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Fri, Jul 15, 2011 11:28 AM
Going to miss the Scottsdale TVs. I know some of the purists had a problem with the decor, but we loved it! Sipping a Mai Tai on their outdoor "sandy beach", feeling the warm Arizona heat! It's always been one of our favorite Vics and each and every time we'd been there, just a blast!. We'd always planned on a future stay at the Valley Ho, just so we could stumble back to our room! I guess we missed the boat on that one! Darn! |
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beadtiki
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Fri, Jul 15, 2011 2:03 PM
Bellevue's died a couple years ago - replaced by some dark, sterile yuppy bar. I hardly had a chance to realize it was there before they closed it down. I think the problem is where they put it - the whole area is theme parkesque with all the glitz and lights and cookie-cutter businesses - and tucked away in a garage-like space is this over-priced Tiki restaurant! Oh, it LOOKED good inside (the door was literally located inside the garage!), and if you just stuck to the pupu menu the food wasn't too bad, but it just wasn't worth the hassle and high prices. |
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JOHN-O
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Fri, Jul 15, 2011 2:29 PM
So this is a closure rate of at least one location per year for the last 5 years...
If I've been tracking it correctly. EDIT - I forgot about SF. And wasn't there one in China that didn't last long ?? I don't pay much attention to the international locations, so maybe the global closure list is even longer (Germany ?). :( [ Edited by: JOHN-O 2011-07-15 14:49 ] |
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thePorpoise
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Fri, Jul 15, 2011 2:41 PM
looks like they are opening one next month though in Portland Oregon? [ Edited by: thePorpoise 2011-07-15 14:42 ] |
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christiki295
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Fri, Jul 15, 2011 5:50 PM
How many millions has Trader Vic's lost by investing in, building, and then closing, its restaurants? Even if it uses little of its own $$$, and relies on hedge funds, etc., it doesn't look like it can be making much. Can they hire away the General Manager of Roys? |
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JOHN-O
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Fri, Jul 15, 2011 6:13 PM
Actually if I understand the franchise model correctly, Trader Vic's the corporation (or rather NUBECO LLC) doesn't lose money on the investment, it's the unfortunate franchise owner that does. :( Has the time really past for Trader Vic's (as a restaurant) ?? Maybe the future is to leverage their brand soley as a bar/lounge and just serve appetizers. If so in this New Cocktailian age, they need to ditch (or upgrade) their well rum. |
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Bora Boris
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Fri, Jul 15, 2011 7:37 PM
Yes John, a Shanghai location closed recently and one in Spain also closed. |
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Tom Slick
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Fri, Jul 15, 2011 9:28 PM
What John stated is what really bothers me with the Vic's corporation. Looking from the outside-in, it seems like Vic's doesn't really give two shits about the survival of already built or already paid for and invested-in properties. It seems more realistic that Vic's is only interested in finding new investors to build, and to cover their corporate paychecks with fresh coinage. It is only my opinion, but that is exactly what the bare bones of it looks to me. Sure, I understand it is more complicated than that, but that's my cliffs notes version. Personally, ever since TVBH butchering, I lost all respect for their business dealings altogether. They lied, and hid from questions until they HAD to go public with the information, at which time the fate was already sealed and carried out. I can see their point why, but it doesn't make it any less shady. Glad we have alternatives like Don's, Tonga, Trader Sam's, and Tiki Ti left in SoCal, and 'at least' one of them has a proven track record, second to none. |
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bigbrotiki
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Fri, Jul 15, 2011 11:32 PM
I know for a fact that Trader Vic's corporate really fought to keep the Beverly Hills location. I don't think they are to blame completely for such missteps like Las Vegas, it is at the franchise owner's digression what they do with THEIR idea of a modernized version. I believe the public is to "blame", most of all. Look at Dallas: What a marvelous place, but obviously under-appreciated by the local restaurant goers. There is no broad cultural context for this style in the general public, it has to be slowly rebuilt. I think the company has been trying to find a new style in this new world, and depending on the locations and versions, has met varying results. I hold high hopes for the new Portland Trader Vic's, they are conscious and appreciative of the original culture, and a community exists in town to appreciate such a venue. If their menu and prices can compete in the tough current climate, they should do well. |
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christiki295
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Sat, Jul 16, 2011 1:13 PM
True, the Beverly Hills location folded as the entire site was to be redeveloped. It really is too bad, too, when Trader Vics could have enjoyed the success of an upper end chain like Ruth Chris, or be a shopping mall Chinese food franchise like P.F. Chang. |
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TraderVic'sPDX
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Sat, Jul 16, 2011 3:22 PM
I wouldn't write Trader Vic's off just yet. Globally there are plenty of locations that are proudly keeping the Trader's legacy alive and well. A few doors may have just closed in the U.S. but others are opening. The Earth is rumbling in Portland and the eruption is imminent. It's going to be a big one. |
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GatorRob
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Sat, Jul 16, 2011 3:56 PM
My fingers are crossed for the upcoming Portland Trader Vic's location. I really hope you guys succeed. But it seems to me as an outside observer that in order to compete in Portland you will need to up the ante a bit from the average Vic's. Portland is home to so many restaurants (my son told me recently, most per capita in the U.S.?) and many of them focus on dishes that are locally sourced, environmentally sustainable, etc. And I applaud all that. If you guys can capture that spirit plus offer traditional Trader Vic's cocktails plus new ones that aspire to the level of those served at places like the Teardrop Lounge in Portland, then you will definitely get everyone's attention. |
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TraderVic'sPDX
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Sat, Jul 16, 2011 5:08 PM
Chef Mike comes from Trader Vic's Atlanta. The menu he's put together is a beautiful combo of classic Trader Vic's and contemporary Northwest cuisine. He's taking full advantage of the incredible local ingredients and flavors and we'll have some great new dishes on the menu right out of the gate. Several of us on the inside (each of us Portland food snobs) have been lucky enough to taste his cooking and we have no doubt he'll be able to hold his own even in this town. In Mike we trust. As for cocktails, watch this space (or our FB page) for news in the coming weeks. The folks behind Trader Vic's Portland are in it because they are passionate about the brand and bringing the magic back to Portland. At the end of the day, the proof is in the Mai Tai. Only time will tell if the new restaurant will be as successful as the old one was, but there's every reason to be optimistic. |
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mrsmiley
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Sat, Jul 16, 2011 9:47 PM
THIS SUCKS BIG TIME! We loved the Scottsdale Vic's and it is (or was) a relatively short drive to get to. :( |
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mrsmiley
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Sat, Jul 16, 2011 9:49 PM
I'm glad we just had a chance to visit it! |
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ErkNoLikeFire
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Sat, Jul 16, 2011 10:27 PM
I've never been to any of the locations. Which ones are worth making the trip to before any more closings? |
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GatorRob
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Sun, Jul 17, 2011 8:13 AM
You also forgot about Destin, Florida - 2009. But it was a disaster from the get-go. |
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GatorRob
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Sun, Jul 17, 2011 8:33 AM
In the U.S. or globally? It's totally a matter of personal opinion as to which ones are worth a trip. For me, Emeryville and Atlanta are worth the trip and possibly L.A. too. I haven't been to any outside the U.S., but I'd definitely make a trip to the London, Munich and Tokyo locations. My tastes run to the classic, traditionally decorated Vic's, so your mileage may vary. |
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christiki295
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Sun, Jul 17, 2011 9:31 AM
And I am saddened that with the exception of Bev Hills & SF, I did not have the opportunity to visit any of them. But, I would have done so given enough time. I, too, hope Portland does well. They need to change the kharma. |
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mrsmiley
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Sun, Jul 17, 2011 3:39 PM
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bigbadtikidaddy
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Mon, Jul 18, 2011 4:30 PM
I'm going to hit the Scottsdale Vic's this friday with some friends if anybody wants to meet up let me know. |
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Const Tiki
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Tue, Jul 19, 2011 3:51 PM
I'm really hoping that Trader Vic's in Portland can turn it around, but I'm worried about the location. There are only a couple of hotels nearby and I think that's an important feature. In fact, the Ruth's Chris Steakhouse closed down their shop and re-opened in a new location specifically to be closer to the hotels. But there's no magic formula. The TVs in Dallas and Scottsdale were in hotels and they still failed for one reason or another. With that said, I'm still looking forward to the Portland TV and have my fingers crossed that they will do well. Portland has a real dislike of most chain restaurants, but it seems like the foodies are willing to give TV a chance. |
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Kona Chris
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Wed, Jul 20, 2011 6:30 PM
I was just at the Scottsdale TV's the weekend before last, when they had a big "5 year party" celebration. It was not really a great scene for the party - lots of people there, but not a crowd that really appreciated the history. For god's sake they had a DJ and a dance floor set up! I absolutely love going there though, along with staying at the Hotel Valley Ho, and I am REALLY going to miss it. This is really terrible news. On a side note, I'm also crushed that I had missed that they closed the Dallas Vic's - I had so wanted to visit there, as it seemed to be the only one left that was "Classic" rather than the new modern feel. Crap. This week has been really sucky. |
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mrsmiley
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Wed, Jul 20, 2011 11:39 PM
As for United States trader Vics, the Atlanta Vic's still is very Classic and (as best as I can tell) the recently remodeled Emeryville location is still classic. Now as for the foreign ones, I think a bunch still are classic-but that may be better left for another thread. Something like "Which Trader Vic's are the most classic ones to go see" |
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mrsmiley
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Wed, Jul 20, 2011 11:50 PM
Oh wait... I just started that thread! It is a shame and every TC member that can visit it should before it is gone after dinner on Saturday July 30! I'm the most thirstiesterest of all! [ Edited by: mrsmiley 2011-08-08 08:04 ] |
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christiki295
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Thu, Jul 21, 2011 7:38 AM
Less than 10 days away. |
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mrsmiley
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Thu, Jul 21, 2011 11:21 PM
Yes, the clock is ticking. :( |
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bigbadtikidaddy
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Fri, Jul 22, 2011 6:43 PM
The clock is ticking indeed. My trip to the Scottsdale Vic's tonight is posponed due to being sidelined by a flu bug. I am currently staying out here, so any other nite anyone is up for going before they close, please let me know. |
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bigbadtikidaddy
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Sat, Jul 23, 2011 1:08 PM
ooooh yeah, feeling much better today. Trader Vic's is definitely on for tonite. |
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bigbadtikidaddy
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Sun, Jul 24, 2011 3:21 AM
haha....went to Vic's with my favorite cousin Kristen. Got a bit smashed on too many navy grogs & left my credit card there, with an open tab. What the hell, I'll go back tomorrow & maybe keep that tab open a wee bit longer. [ Edited by: bigbadtikidaddy 2011-07-24 03:24 ] |
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bigbadtikidaddy
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Sun, Jul 24, 2011 1:41 PM
yeah, I just called TV's & found out that they are closed Sunday/Monday during the summer months, then called the Valley Ho & was told that usually they turn in any left cards into housekeeping. |
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Sabina
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Mon, Jul 25, 2011 9:25 PM
Somewhere around here I have a number of pix from our visit a few years back, I'll dig around a bit and see if I can get some up. It's really sad to hear about the impending closure as we thought the TV and Valley Ho made for a really good combination. (Along with the pre-exisiting TV's history in Scottsdale.) Those who can really should make the pilgrimage before it's too late. I wish we could make it one last time ourselves. |
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mrsmiley
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Mon, Jul 25, 2011 9:53 PM
I don't think we can make it one last time :( I'm the most thirstiesterest of all! [ Edited by: mrsmiley 2011-08-08 08:05 ] |
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christiki295
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Tue, Jul 26, 2011 7:35 AM
Scottsdale's legendary Trader Vic's restaurant is closing at the end of the month. A new restaurant will take its place and offer lunch and dinner to appeal to guests at the Hotel Valley Ho, hotel spokeswoman Kristin Heggli said. The new restaurant will have an expanded bar, and the kitchen will be led by chef Charles Wiley. Trader Vic's, a Polynesian-themed restaurant and bar, is part of a chain founded in 1934 in Oakland, Calif., and has been a fixture in downtown Scottsdale at 77 W. Fifth Ave. from 1962 to 1990. It was reborn as part of the Hotel Valley Ho's renovation five years ago. "The Scottsdale culinary scene requires continuous change to remain fresh and innovative," said William Nassikas, president and COO of Westroc Hotels and Resorts in a statement. "As restaurants evolve, so do the patrons that frequent them, and this particular venue beckons for something new." The restaurant generally attracts a steady crowd at its large bar area. The menu features Polynesian and French fare. The Scottsdale location is one of several franchise-owned Trader Vic's that have closed in the past year, the most recent in Chicago. A new location is opening in two weeks in Portland, Ore. |
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christiki295
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Wed, Jul 27, 2011 7:26 AM
I wonder if this Trader Vics is part of a new business model wherein there is a 5-year cycle on eating & dining establishments, particularly at hotels? |
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christiki295
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Wed, Jul 27, 2011 7:26 AM
Does anyone know how long Taboo Cove lasted at the Venetian? [ Edited by: christiki295 2011-07-27 07:27 ] |
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bigbrotiki
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Wed, Jul 27, 2011 11:27 AM
Give it a rest already, Chris. Taboo Cove was doomed because it had no direct entrance from the hotel and casino and shops. Plus Vegas does not have the demographic for such a place anymore. That whole town is on another planet (not one in MY cosmos) that has nothing to do with what it once was. As I said, the causes for these closures are largely based on individual franchise factors - plus the fact that the context for the brand is not understood by the general public. It needs to be re-enticed. Beyond that, there's no mystery to it, harping on the why and wherefores will not solve anything. |