“What do you want me to do with these decrepit old snowshoes?” “Are they still useful?” “No. They’re really old, made out of wood, rope, and leather. Completely obsolete. Rotting. Should I throw them out?” “No, don’t do that.” “But they’re useless.” “If they’re useless, you have to mount them to the wall.” “Why?” “That’s…
This April Fools’ Day brings the revealing news that Hooters, the instantly recognizable and “delightfully tacky” (their brand statement, not mine) restaurant chain is declaring bankruptcy (New York Times, gift link). This bankruptcy will end the cleavage between franchises owned by a group of the original founders and locations owned by the company. The original…