I give the probability that the outlets bought out DS at 90%.
Confirmed in the Sentinel this morning.
I give the probability that the outlets bought out DS at 90%.
A woman with an estimated net worth of almost $500 million is part owner of the firm that gave 162 employees no advance notice of their termination last Monday.
From what I've seen from having two kids work at Dollywood, Dolly has little to no hands-on part in any of the properties. There was an article specifying exactly what ownership she had of the Pigeon Forge Dixie Stampede when they had a problem with an employee who molested a child who was in the show. I don't recall the exact figure, but it was next to nothing.
Ms. Parton is repeatdely described in TN state filings as a "majority" sharholder in Dollywood LLC, which in turn is the primary shareholder of Dixie Stampede LLC, the Pigeon Forge, Tenn.-based company that owns and runs the theaters. So to imply her financial stake here is "next to nothing" is a stretch and further diminished by the fact she felt compelled to issue a press release on Monday. Quote:
"We at Dixie Stampede have been blessed, but I am a firm believer in timing and opportunity. This was an opportunity we could not pass up."
Translation: the real estate the show is 'sittin on is worth a gold mine n' more valuable than the what my account says is the " future modeled cash flow value of the operation." Yeee-Haw!!!!
Fine - I'm a business person and I understand.
But smart money would have approached the closing of the operation differently. Instead of lying to employees (to quote the Orlando Sentinel: "although rumors of a sale had circulated among staff members for the past week, the company adamantly denied as recently as this morning [Monday] that a shutdown was in the works") why not come clean with staff (the place was shut for a week for "refurb" anyway) and let them know what was happening.
But we're not dealing with smart money here. Instead, we have a bunch of backwater ham-headed "managers" leading their employees on and then abruptly locking the doors one morning. And then providing the absolute minimal state mandated severance benefit.
Real impressive, Dolly. What a class act....
You and I don't see eye to eye on a few issues, but on this one you dead on. This isn't the way to treat employees and it really puts Dolly Parton in a bad light. Makes me glad I decided to skip going to this show on my last visit.
You and I don't see eye to eye on a few issues, but on this one you dead on. This isn't the way to treat employees and it really puts Dolly Parton in a bad light. Makes me glad I decided to skip going to this show on my last visit.
Have any of you ever worked in resturants? Tell the staff you are closing and they IMMEDIATELY leave for another job. So then the posts would have read "Glad they are closing my service SUCKED last time"![]()
Sorry, but generally this is the way the industry works because it has too. If you give notice you better just go ahead and close.
Have any of you ever worked in resturants? Tell the staff you are closing and they IMMEDIATELY leave for another job. So then the posts would have read "Glad they are closing my service SUCKED last time"![]()
Sorry, but generally this is the way the industry works because it has too. If you give notice you better just go ahead and close.
It's closed and the building/land has been purchased by the company who owns the outlet mall next door. We have heard there's a possibility of Dixie Stampede opening in another location but that's just rumour.Sorry to dredge up a dead thread, but I just found out about this and am wondering if there are any updates.![]()
Thanks.It's closed and the building/land has been purchased by the company who owns the outlet mall next door. We have heard there's a possibility of Dixie Stampede opening in another location but that's just rumour.
Yeah...that left a bad taste in a lot of mouths down here and not just employees.I understand why a business wouldn't want to tell it's emplyees that they might be selling. Employees might leave and then the business would have trouble replacing them if it didn't sell or lose business because it didn't have the staff or whatever.
But Dolly Parton could sure as hell take that sort of hit easier than the folks who worked for her could take the hit of being out of a job just like that. I've lost a lot of respect for her and have been a fan since I was a little kid.
I liked the show and am sorry about what happened to the employees.![]()
I know and I'm sure she's not losing any sleep over the former employees lives. Typical big business anymore. Don't even get me started on Sears!With all her money she could have treated her employees there better. Three dollars and hour and they only get 60 days severance? Thats pocket change for Mrs Parton. And what about the entertainers? You would think she would really empathise with them, since she herself is an entertainer. This is a side of Dolly Parton I think is unfortunate but is now out there for the world to see. And she definitely had something to do with the sale of it since it was worth many millions.![]()
With all her money she could have treated her employees there better. Three dollars and hour and they only get 60 days severance? Thats pocket change for Mrs Parton. And what about the entertainers? You would think she would really empathise with them, since she herself is an entertainer. This is a side of Dolly Parton I think is unfortunate but is now out there for the world to see. And she definitely had something to do with the sale of it since it was worth many millions.![]()
Yeah...that left a bad taste in a lot of mouths down here and not just employees.
I know and I'm sure she's not losing any sleep over the former employees lives. Typical big business anymore. Don't even get me started on Sears!![]()