Another popular restaurant chain files for Chapter 11 bankruptcy
The casual restaurant chain filed for Chapter 11 bankruptcy to reorganize its business.
Financial considerations that informal restaurant chains faced in 2024 are soundless forcing eating companies into monetary hurt in 2025.
Elevated labor and food charges precipitated by inflation bear reduce into profits, forcing restaurants to lift prices that can in most cases discourage patrons from eating. Rising passion rates bear furthermore elevated the rate of debt for companies, reducing profits.
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