Jeebus Posted February 12, 2009 Share Posted February 12, 2009 please don't tell me that you consider the boardwalk a failure? That place is great, in fact, I wish Landrys would expand it.I have to agree. The Aquarium downtown, the Kemah boardwalk are two examples where Landry's brought revenue to an area that had none or little before.I can't imagine the City of Kemah complaining about the increase number of local jobs and increased number of tourist dollars spent - as well as something more for the locals to do. As for the Aquarium downtown, that area was struggling before so I can't see how the Aquarium hurt the area any.I think we need to save the loathing for independent restaurants that Landry's bought out and lowered the bar on. Link to comment Share on other sites More sharing options...
sevfiv Posted February 12, 2009 Share Posted February 12, 2009 Just because people publicly express their dislike for a chain of food establishments or their proprietor does not equal self-loathing or autophobia As for the critique of the entire Kemah boardwalk, I have no clue since it's been ages since I've been there. Link to comment Share on other sites More sharing options...
memebag Posted February 12, 2009 Share Posted February 12, 2009 Heck ya, loved going to the Brass Parrot, it was my group of friends "secret" hang out, but please don't tell me that you consider the boardwalk a failure? That place is great, in fact, I wish Landrys would expand it. If you think its ruined now, then that's just evidence of self loathing. Note to all you high and mighty, just because its popular doesn't make it bad.You are correct. Popularity doesn't make it bad. Serving overpriced frozen fish instead of cheap fresh fish is what makes it bad. I didn't say Kemah was a failure, I said Landry's ruined it. Why should I like Landry's for taking something good and making it bad, even if they make a lot of money in the process? Link to comment Share on other sites More sharing options...
westguy76 Posted February 12, 2009 Share Posted February 12, 2009 You are correct. Popularity doesn't make it bad. Serving overpriced frozen fish instead of cheap fresh fish is what makes it bad. I didn't say Kemah was a failure, I said Landry's ruined it. Why should I like Landry's for taking something good and making it bad, even if they make a lot of money in the process?Your opinion not withstanding...Others are saying it is not worse. I tend to believe they did not get to experiance the restraunts that were there before. They were cheaper and better as I remember them. But, that was a different time and you know how we tend to wax nostalgic about the past and memories do tend to fade. There are still places to go to find the good seafood there on the other side of the bridge or down the road in San Leon.If the masses knew of all the good places, they would not be the same anymore. Of course it is all subjective. Link to comment Share on other sites More sharing options...
houstonmacbro Posted February 12, 2009 Share Posted February 12, 2009 Some of those companies need to go under due to the arrogance of their management and board of directors. I cannot speak to the Landry's issue, but some of these seem to have made an awful lot of very bad management choices. Sirius and their multi-billion dollar payouts to radio TALENT is one of them. Maybe the government can take over their satellite systems and use it for something more useful than 800 channels of radio. Link to comment Share on other sites More sharing options...
memebag Posted February 12, 2009 Share Posted February 12, 2009 Your opinion not withstanding...Others are saying it is not worse. I tend to believe they did not get to experiance the restraunts that were there before.No, one other (texas911) says Landry's Kemah operation is "great" because it isn't a failure. I've eaten there and I don't care if it's a failure or not; I know it isn't great. It's frozen dinners. I can have that at home. Link to comment Share on other sites More sharing options...
RedScare Posted February 12, 2009 Share Posted February 12, 2009 Your opinion not withstanding...Others are saying it is not worse. I tend to believe they did not get to experiance the restraunts that were there before. They were cheaper and better as I remember them. But, that was a different time and you know how we tend to wax nostalgic about the past and memories do tend to fade. There are still places to go to find the good seafood there on the other side of the bridge or down the road in San Leon.If the masses knew of all the good places, they would not be the same anymore. Of course it is all subjective.This is exactly correct. In much the same way that someone may like shiny new plastic over old brass with a patina, some prefer the gaudy new boardwalk over the restaurants and bars they replaced. But frankly, the boardwalk did not improve so much as replace. The boardwalk is now a nice place to take children in strollers, whereas before it was a great place to have a drink. And Landrys has done that with every concept it has bought. If critcizing a company for replacing authenticity with bland mass appeal is "self loathing", I suppose I could accuse those who actually like this stuff as "Stepford consumers".But that would be mean, wouldn't it? Link to comment Share on other sites More sharing options...
Texas Wahoo Posted February 15, 2009 Share Posted February 15, 2009 I miss the Oshmans that used to be at Memorial City. That place was amazing when I was a kid. You could play basketball, hit from a pitching machine, test out tennis rackets... Now it's just Academy, but more expensive. Link to comment Share on other sites More sharing options...
Fringe Posted February 15, 2009 Share Posted February 15, 2009 No, one other (texas911) says Landry's Kemah operation is "great" because it isn't a failure. I've eaten there and I don't care if it's a failure or not; I know it isn't great. It's frozen dinners. I can have that at home.I agree with you about the quality of the food but it's a family oriented place and they are all the same whether it's Landrys, Applebees, Dead Lobster, etc. I loved going to those places when I had kids but stay away from them now. The Kemah Boardwalk is still a fun place to spend a day and I hope it stay's around. Link to comment Share on other sites More sharing options...
Montrose1100 Posted February 15, 2009 Share Posted February 15, 2009 A lot of family & friends in Louisiana made a lot of weekend trips to Galveston & the Boardwalk (with their kiddos). Atleast the food isn't as bad as Chili's! They buy their food from the same company as Sonic. Its fast food in a sit down setting. Always get sick after eating there.Anyways, it's a shame their food sucks, and the company made bad choices. But it's a Houston company none the less.And Randel's sucked. Way over priced, most of their layouts didn't make sense, although they did have a selection of certain items Kroger's didn't back in the day. Link to comment Share on other sites More sharing options...
memebag Posted February 15, 2009 Share Posted February 15, 2009 I agree with you about the quality of the food but it's a family oriented place and they are all the same whether it's Landrys, Applebees, Dead Lobster, etc. I loved going to those places when I had kids but stay away from them now. The Kemah Boardwalk is still a fun place to spend a day and I hope it stay's around.My dad used to take me to Kemah when I was a kid. I wouldn't dream of taking my daughter there. Family place? Maybe if you hate your family. Link to comment Share on other sites More sharing options...
plumber2 Posted February 16, 2009 Share Posted February 16, 2009 Did you ever go to Kemah before Landry's bought and ruined it?Yes, and it was always flooded. There was nothing more frustrating than having dinner at the Cleer Creek Inn, Jimmy Walkers or Key Largo, and then comming out to your car, only to find it hub cap deep in high tide. I personally think the boardwalk, and every thing Fertitta, Wiggins and King have done to Kemah is an improvement over what used to be there. Link to comment Share on other sites More sharing options...
texas911 Posted February 16, 2009 Share Posted February 16, 2009 My dad used to take me to Kemah when I was a kid. I wouldn't dream of taking my daughter there. Family place? Maybe if you hate your family.Well you're such a cool dude. Link to comment Share on other sites More sharing options...
foxmulder Posted February 16, 2009 Share Posted February 16, 2009 Six Flags will make it thru...I'm worried about Sirius though...They took over my XM and butchered my music. Guess we'll see tomorrow.Yes, and it was always flooded. There was nothing more frustrating than having dinner at the Cleer Creek Inn, Jimmy Walkers or Key Largo, and then comming out to your car, only to find it hub cap deep in high tide. I personally think the boardwalk, and every thing Fertitta, Wiggins and King have done to Kemah is an improvement over what used to be there.I agree, People keep bashing fertita...I think he has done a good job with kemah. I don't see why people hate the food/talk smack. I often go in the evening ride a few rides and eat. It's not bad PLUS the constant wind from the ocean makes you forget where you are. Link to comment Share on other sites More sharing options...
Talbot Posted February 17, 2009 Share Posted February 17, 2009 Fertitta was on the news tonight on Fox and was talking about the rumors. He said that they should make it through the rough times because they refinanced their debts.But who knows. Link to comment Share on other sites More sharing options...
sevfiv Posted May 13, 2009 Share Posted May 13, 2009 The chief executive of Landry Link to comment Share on other sites More sharing options...
EMME Posted May 13, 2009 Share Posted May 13, 2009 hmm...i am sure Fertitta will find a way to make this go away. he and his family are good at that.this is from the Chronicle yesterday:http://www.chron.com/disp/story.mpl/business/5007495.htmlwhistling in the dark. Link to comment Share on other sites More sharing options...
EMME Posted May 13, 2009 Share Posted May 13, 2009 whistling in the dark.AHH, darn, I thought that was a new post. Link to comment Share on other sites More sharing options...
sevfiv Posted November 3, 2009 Share Posted November 3, 2009 Board OKs Landry’s buyout offerThe board of directors of Landry’s Restaurants Inc. has approved yet another offer from Tilman Fertitta to acquire the remainder of the company’s shares in a $1.2 billion transaction.Fertitta, Landry’s president and chief executive, has unsuccessfully tried in the past to buy out the shares he did not already own. Fertitta owns 55.1 percent of the company’s 16.1 million outstanding shares.The latest offer of $14.75 a share represents a 37 percent premium over the closing price of $10.76 on Nov. 2, the day before Tuesday’s announcement of the transaction. News of the deal sent Landry’s shares higher in heavy volume, with the stock gaining $3 in early trading, up nearly 30 percent, to $13.76.http://houston.bizjournals.com/houston/stories/2009/11/02/daily16.html?ed=2009-11-03&ana=e_du_pub Link to comment Share on other sites More sharing options...
gto250us Posted November 3, 2009 Share Posted November 3, 2009 Fertitta's method is very American. Just dumb everything down and people will flock. Sort of like the NASCAR of food service. Link to comment Share on other sites More sharing options...
sevfiv Posted November 16, 2009 Share Posted November 16, 2009 Hedge fund to oppose Landry’s saleAn activist hedge fund has acquired a large stake in Landry’s Restaurants Inc. and is preparing to fight company chief executive Tilman Fertitta’s bid to take the dining and entertainment company private.According to a regulatory filing, Pershing Square Capital Management LP, run by William Ackman, and several affiliates have acquired 1.6 million shares, equal to a hefty 10 percent stake in the company.http://houston.bizjournals.com/houston/stories/2009/11/09/daily46.html Link to comment Share on other sites More sharing options...
sevfiv Posted November 24, 2009 Share Posted November 24, 2009 Landry's shares continue to surgeShares of Landry’s Restaurants Inc. reached another 52-week high Tuesday as speculation continues to swirl over a move by a New York hedge fund to buy a substantial position in the dining and gaming company.In early trading Tuesday, Landry’s shares reached $22.19 before pulling back to close at $21.24, down 55 cents, or 2.5 percent, from the Nov. 23 close. The last time Landry’s shares traded above $22 was in late 2007.http://houston.bizjournals.com/houston/stories/2009/11/23/daily11.html Link to comment Share on other sites More sharing options...
sevfiv Posted May 24, 2010 Share Posted May 24, 2010 After a two-year-long sojurn to take Landry’s Restaurants Inc. private, Tilman Fertitta on Monday agreed to buy the remainder of shares he does not own in a deal valued at $1.4 billion.Fertitta, chairman, chief executive officer and president of the Houston-based hospitality company, is purchasing the remaining shares at $24 apiece.http://houston.bizjournals.com/houston/stories/2010/05/24/daily1.html Link to comment Share on other sites More sharing options...
sevfiv Posted October 6, 2010 Share Posted October 6, 2010 And finally:Landry’s Restaurants Inc. announced Wednesday that chief executive officer Tilman Fertitta had completed his bid to take the company private.Houston-based Landry’s, which had traded on the New York Stock Exchange under the symbol “LNY,” will now be a wholly-owned subsidiary of the Fertitta Co., a holding company run by Fertitta.http://houston.bizjournals.com/houston/stories/2010/10/04/daily37.html Link to comment Share on other sites More sharing options...
sevfiv Posted April 21, 2011 Share Posted April 21, 2011 The McCormick & Schmick’s Seafood Restaurants Inc. board of directors on Wednesday unanimously rejected a $137 million bid by Landry’s Restaurants Inc. CEO Tilman Fertitta’s to acquire the company.http://www.bizjournals.com/houston/morning_call/2011/04/mccormick-board-rejects-fertittas.html Link to comment Share on other sites More sharing options...
sevfiv Posted November 8, 2011 Share Posted November 8, 2011 Nov 8 (Reuters) - Landry's Inc is to buy McCormick & Schmick's Seafood Restaurants Inc for about $131.6 million, ending a long-running chase by Landry's CEO Tilman Fertitta to buyout the restaurant chain.The offer of $8.75 a share is 29 percent higher than McCormick & Schmick's Monday closing price.The deal sees Fertitta, the biggest shareholder in McCormick & Schmick's, snap up the seafood chain for a lower price than his $137.3 million offer in April, when he went hostile with his bid.McCormick & Schmick's, which traces its roots to the 110 year old Jake's Famous Crawfish Restaurant in Portland, Oregon, is seen to be a good fit for Fertitta's seafood restaurant empire.http://www.reuters.c...E7M82IM20111108 Link to comment Share on other sites More sharing options...
Pleak Posted November 8, 2011 Share Posted November 8, 2011 Another restaurant chain to avoid now. Link to comment Share on other sites More sharing options...
Pumapayam Posted November 8, 2011 Share Posted November 8, 2011 They should have agreed back in April. Silly. Link to comment Share on other sites More sharing options...
spiderroller Posted November 8, 2011 Share Posted November 8, 2011 It sucked to begin with.There are only TWO Landry's Restaurants that have edible food: Brenner's Steakhouse and Pesce.Fertitty has ruined all others. Link to comment Share on other sites More sharing options...
Fringe Posted November 9, 2011 Share Posted November 9, 2011 It sucked to begin with.There are only TWO Landry's Restaurants that have edible food: Brenner's Steakhouse and Pesce.Fertitty has ruined all others.Wife and I ate at Oceanaire in the Galleria a couple of months ago and it was very good. Link to comment Share on other sites More sharing options...
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