Question: please help Background information: Marie Callender was an accomplished baker in Orange County. In 1940, she decided to open her first bakery in the City

please help please help Background information: Marie
please help Background information: Marie
please help Background information: Marie
Background information: Marie Callender was an accomplished baker in Orange County. In 1940, she decided to open her first bakery in the City of Orange. Over nearly 80 years, the company grew to 89 restaurants across the United States. Unfortunately, many patrons of the beloved chain woke up on Sunday August 4, 2019 to realize 19 Marie Callender stores along with 10 affiliated Perkins restaurants were suddenly closed, and the parent company, Perkin's & Marie Callender LLC, filed for Chapter 11 bankruptcy the next day. Case Scenario: The parent company owes more than $100 million in debt, operated at a net $12 million loss in the last quarter, and entered Chapter 11 bankruptcy 8 years ago. Though the company is in trouble, maintaining the company brand and reputation is very important while the company and its debts are re-structured. Marie Calender restaurants have very loyal following Marw patrons report that the oth restaurants "Just for the pleHowever, some of the restaurant dosings were to buy afternoon that some patrons did not have time to finish their meals before they were asked to leave. Even the original ple shop in Orange was closed without announcement. Approximately 1200 employees lost their jobs with little to no notice. The handling of the cosures has been labeled as insensitive When the company was asked for explanation of the abrupt closings, Chief Executive day Trungale said, "Our customers will continue to receive the highest quality products and dining experience they have come to expect from our restaurants in a prepared statement. This statement did not smooth over the negative backlash from loyal patrons who were shocked to learn their favorite restaurants had closed without notice, not to mention the beloved employees who learned during their shifts the stores were closing. It remains unclear when or where more stores will close. The public trust in Marie Callender remains shaken, which threatens the viability and value of a restructuring deal. Therefore, the company must come up with a strategy to maintain the loyalty of Marie Callender's customer base, even though 1/3 of these restaurants were suddenly closed across North America. The Marie Callender brand and line of foods are still highly valuable even with the restaurant closings. Any financial restructuring plan will rely on the viability of the brand. Prompt: You are tasked with writing a case analysis for Marie Callender with the purpose of finding a strategy to maintain its strong customer base during financial restructuring. Explain your problem using evidence from the case. Then, offer two alternatives, with benefits and challenges for each, before recommending one as the best solution to the problem. The puble trust in Marie Calender remains shalen wachten te vind who restructuring deal. Therefore, the comparvy must come up with a try to main levity Marie Calender customer base even though 1/3 of these restaurants were suddenlydend across North America. The Marie Calender brand and line of foods are stihly valuable with the restaurant closings. Any inancial restructuring plan will rely on the viability of the wind Prompt: You are tasked with writing a case analysis for Marie Calender with the purpose of rinding a strategy to maintain its strong customer base during financial restructuring Explain your problem using evidence from the case. Then, offer two alternatives, with benefits and challenges for each, before recommending one as the best solution to the problem. Assessment: All assignments will be evaluated using the CLASS Rubric. Guidelines: . . Use 1" margins, proper font style and size, appropriate tone and strategies Do not plagiarize the prompt Include all parts necessary for a case analysis Your submission is due at end of the class period, no extensions or revisions Do not use notes, books, internet, phone, or any other outside help on this assignment. Doing so will result in a zero on this assignment and possible other penalties Include all parts necessary for a case analysis. Your case submission is due at end of the 75-minute timed exam. There are no extensions. Do not use internet, phone, or any other outside help on this assignment. Doing so will result in a zero on this assignment and possible other penalties. Notes are allowed. Background information: Marie Callender was an accomplished baker in Orange County. In 1940, she decided to open her first bakery in the City of Orange. Over nearly 80 years, the company grew to 89 restaurants across the United States. Unfortunately, many patrons of the beloved chain woke up on Sunday August 4, 2019 to realize 19 Marie Callender stores along with 10 affiliated Perkins restaurants were suddenly closed, and the parent company, Perkin's & Marie Callender LLC, filed for Chapter 11 bankruptcy the next day. Case Scenario: The parent company owes more than $100 million in debt, operated at a net $12 million loss in the last quarter, and entered Chapter 11 bankruptcy 8 years ago. Though the company is in trouble, maintaining the company brand and reputation is very important while the company and its debts are re-structured. Marie Calender restaurants have very loyal following Marw patrons report that the oth restaurants "Just for the pleHowever, some of the restaurant dosings were to buy afternoon that some patrons did not have time to finish their meals before they were asked to leave. Even the original ple shop in Orange was closed without announcement. Approximately 1200 employees lost their jobs with little to no notice. The handling of the cosures has been labeled as insensitive When the company was asked for explanation of the abrupt closings, Chief Executive day Trungale said, "Our customers will continue to receive the highest quality products and dining experience they have come to expect from our restaurants in a prepared statement. This statement did not smooth over the negative backlash from loyal patrons who were shocked to learn their favorite restaurants had closed without notice, not to mention the beloved employees who learned during their shifts the stores were closing. It remains unclear when or where more stores will close. The public trust in Marie Callender remains shaken, which threatens the viability and value of a restructuring deal. Therefore, the company must come up with a strategy to maintain the loyalty of Marie Callender's customer base, even though 1/3 of these restaurants were suddenly closed across North America. The Marie Callender brand and line of foods are still highly valuable even with the restaurant closings. Any financial restructuring plan will rely on the viability of the brand. Prompt: You are tasked with writing a case analysis for Marie Callender with the purpose of finding a strategy to maintain its strong customer base during financial restructuring. Explain your problem using evidence from the case. Then, offer two alternatives, with benefits and challenges for each, before recommending one as the best solution to the problem. The puble trust in Marie Calender remains shalen wachten te vind who restructuring deal. Therefore, the comparvy must come up with a try to main levity Marie Calender customer base even though 1/3 of these restaurants were suddenlydend across North America. The Marie Calender brand and line of foods are stihly valuable with the restaurant closings. Any inancial restructuring plan will rely on the viability of the wind Prompt: You are tasked with writing a case analysis for Marie Calender with the purpose of rinding a strategy to maintain its strong customer base during financial restructuring Explain your problem using evidence from the case. Then, offer two alternatives, with benefits and challenges for each, before recommending one as the best solution to the problem. Assessment: All assignments will be evaluated using the CLASS Rubric. Guidelines: . . Use 1" margins, proper font style and size, appropriate tone and strategies Do not plagiarize the prompt Include all parts necessary for a case analysis Your submission is due at end of the class period, no extensions or revisions Do not use notes, books, internet, phone, or any other outside help on this assignment. Doing so will result in a zero on this assignment and possible other penalties Include all parts necessary for a case analysis. Your case submission is due at end of the 75-minute timed exam. There are no extensions. Do not use internet, phone, or any other outside help on this assignment. Doing so will result in a zero on this assignment and possible other penalties. Notes are allowed

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