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-   -   Hostess files for Chapter 11 (http://cellar.org/showthread.php?t=26657)

Sundae 01-13-2012 11:27 AM

McDonalds pulled out of Iceland at the beginning of the recession.
The franchise rules meant that the food/ materials needed to be imported from Germany and it was not financially viable. At the time they closed they were selling the most expensive Big Macs in the world.

It doesn't help that there are only enough people in the country to fill a medium sized city elsewhere in Europe. Which explains why there were only three branches.

glatt 01-13-2012 12:08 PM

When we stopped over in Iceland in the early 80s on a flight back to the States, we went into a fast food burger place to try to get a cheap meal. We were starving. The burgers were like 5 times more than they would have been anywhere else. Very shocking when they rang everything up. In hindsight, we should have looked for a fish place.

infinite monkey 01-13-2012 06:53 PM

Quote:

Originally Posted by glatt (Post 787567)
When we stopped over in Iceland in the early 80s on a flight back to the States, we went into a fast food burger place to try to get a cheap meal. We were starving. The burgers were like 5 times more than they would have been anywhere else. Very shocking when they rang everything up. In hindsight, we should have looked for a fish place.

You were the travellingest damn family I ever heard of! You've been to so many places. That's amazing.

I've actually never left the country. :eek:

tw 01-13-2012 10:05 PM

Quote:

Originally Posted by Sundae (Post 787547)
McDonalds pulled out of Iceland at the beginning of the recession.

The Economist rates currency values using a Big Mac index. Icelandic Krona is not listed. That would explain why.

Gravdigr 01-14-2012 01:53 AM

Quote:

Originally Posted by infinite monkey (Post 787805)
I've actually never left the country. :eek:

I almost said "Me neither", but, I remembered I've been to Canadia.

Sundae 01-14-2012 04:27 AM

Iceland is on my "to go to" list.
But then so many other places are too!

Aliantha 01-14-2012 05:18 AM

A regular big mac meal over here will cost you around $8.

glatt 01-14-2012 07:02 AM

Back then, if you were flying from Europe to NYC, the cheapest flight was offered by Icelandair out of Luxembourg. They stopped over in Iceland for either 1 hour, or 25 hours. Your choice. We chose the 25 hour option, of course. All our luggage remained checked, so we only had our carry ons for that day. We rented a minivan and drove all around and even slept in the van. It was pretty miserable "camping" because we didn't even have blankets, and had no food either. But we saw a corner of Iceland, which was really fun. A huge waterfall, some geysers and bubbling mud pits, the capitol city (which was tiny), lots of thick moss covered landscapes. Went into a grocery store at one point looking for some breakfast and was amazed at the freezers full of fish. They had lots of fish.

Gravdigr 01-14-2012 10:07 AM

Quote:

Originally Posted by Aliantha (Post 787869)
A regular big mac meal over here will cost you around $8.

Our McD's aren't quite that high for the regular combo, but Burger King & Wendy's & Hardee's/Carl'sJr are all right there.

wolf 01-16-2012 06:09 PM

I blame the lack of Chocodiles for Hostess' financial problems.

BigV 01-16-2012 06:48 PM

Capital city.

ftfy.

Sheldonrs 01-18-2012 11:35 AM

Quote:

Originally Posted by Brianna (Post 786955)
It's because I'm doing Atkins.

And he doesn't like it when you have a twinkie in your mouth? ;)

footfootfoot 01-18-2012 11:56 AM

Quote:

Originally Posted by Aliantha (Post 787869)
A regular big mac meal over here will cost you around $8.

Yes, but those are Australian dollars. In terms of US currency, $8 Australian dollars could buy a small house here.

footfootfoot 01-18-2012 11:58 AM

Quote:

Originally Posted by Lamplighter (Post 786745)
What if Hostess and Kodak merge to make cupcakes with pictures that never fade... win-win ?

Then they'd have to file chapter 22. Or would it be 5.5?

glatt 01-18-2012 12:00 PM

1 Attachment(s)
Quote:

Originally Posted by footfootfoot (Post 788917)
$8 Australian dollars could buy a small house here.

It's true
Attachment 36802


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