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The World closes its doors
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Old 25 Feb 2003, 11:25 PM   #1 (permalink)
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Default The World closes its doors

World Wrestling Entertainment announced today that it would be closing its Times Square restaurant, The World, and that it would be taking a $32.9 million loss on the facility. As a frequenter of the restaurant and adjacent retail store (WWE New York), I find this news rather disheartening. The restaurant will close today, and WWE New York will close on April 27th.

In a press release, Linda McMahon claimed they will reallocate resources to growth of global business instead of focusing on a single site local project.

Because of the facility loss, WWE lost $26.7 million for the quarter. Despite the large losses, the company is still estimating an annual gross of $370 million to $375 million and annual profits for the fiscal year, which ends at the end of April, of $27 million to $30 million.


-prowrestling.com
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Old 25 Feb 2003, 11:46 PM   #2 (permalink)
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Yea, thats tough nuggets. I was planning on going there the next time I visited New York.
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Old 26 Feb 2003, 12:02 AM   #3 (permalink)
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Damn that sux....I was hoping to peep it in the next time I was in NYC in a few months..
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Old 26 Feb 2003, 08:01 AM   #4 (permalink)
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hopefully theyll spend the money they will save on a contract for goldberg.
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Old 26 Feb 2003, 08:50 AM   #5 (permalink)
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Originally posted by Danevs
hopefully theyll spend the money they will save on a contract for goldberg.
I hope they don't even get the Jackass!
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Old 26 Feb 2003, 08:55 AM   #6 (permalink)
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Originally posted by Danevs
hopefully theyll spend the money they will save on a contract for goldberg.
Your a retard. They have the money to sign him.
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Old 26 Feb 2003, 09:29 AM   #7 (permalink)
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I think it sux it is closing and such short notice makes ya wonder....I was going there next year! SAD SAD..
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Old 26 Feb 2003, 09:39 AM   #8 (permalink)
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Its a good thing i went there 2 years ago when i visited my Uncle in the states. But i would have loved to go there again if i went to the states again.
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Old 26 Feb 2003, 09:51 AM   #9 (permalink)
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Quote:
Originally posted by Big Poppa Pump


Your a retard. They have the money to sign him.
your a retard it was a joke you dick
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Old 26 Feb 2003, 02:28 PM   #10 (permalink)
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That sucks because I was planning to go to New York in about 2 weeks and The World was one of the places I wanted to check out...
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Old 26 Feb 2003, 02:38 PM   #11 (permalink)
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Quote:
Originally posted by Danevs
hopefully theyll spend the money they will save on a contract for goldberg.
this doesn't even deserve a response
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Old 26 Feb 2003, 02:40 PM   #12 (permalink)
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Quote:
Originally posted by Danevs


your a retard it was a joke you dick
well it didn't seem like it since all you say is goldberg this goldberg that.
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Old 26 Feb 2003, 02:51 PM   #13 (permalink)
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That sucks, but makes sense from a business standpoint.

I think they prolly should've built it in Cananda.
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Old 26 Feb 2003, 02:52 PM   #14 (permalink)
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I think they prolly should've built it in Cananda.
Just wondering why you think that?
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Old 26 Feb 2003, 04:04 PM   #15 (permalink)
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Quote:
Originally posted by Big Poppa Pump


Just wondering why you think that?
The fans up there just always seem a lot more into it. I mean, you put "the world" in the middle of a bunch of jaded new yorkers, or you put it in the middle of toronto and let all the crazy fans there have at it. That's all.
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