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A lot of formerly big chains that are now down to a location or two are often just owned by the franchisee, and the parent company no longer functionally exists, such as the now-famous Last Blockbuster on Earth in Bend, Oregon. I'm almost positive that's how it is with Arthur Treacher's. But as for, say, Kmart or Sam Goody, it really is a mystery.

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I know that Chevron keeps some Standard Oil gas stations operating so they can defend their copyrights and trademarks related to the brand. Very possible that's what's going on here.

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