New owners of formerly bankrupt restaurant chain reopen locations

The banished neighborhood café reopened its second store after its abrupt closures.

Oct 3, 2024 - 08:30
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New owners of formerly bankrupt restaurant chain reopen locations

After filing for financial disaster, vanishing for five months, getting served with a lawsuit, and receiving damaging backlash, a most well liked restaurant chain refused to let these multiple major setbacks get in the manner of its journey to redemption.

With a sort of store locations in major cities across the U.S., including Chicago, Texas, and Washington D.C., this chain quickly became a neighborhood go-to for those living the short-paced urban life.

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Yet a wrong business move caused this company's success to cave in only as quickly since it became achieved.

But corresponding to the saying goes, "Simplest time can heal what reason is never very going to have the opportunity to," and this neighborhood café seems to have prevailed once again against all odds.

Nevertheless, some former clients may now now not be keen to forgive the corporate's wrongdoings as without difficulty as customers have.

Foxtrot reopens its 2nd location after multiple store closures.

Chicago Tribune/Getty Images

A turbulent history with tumultuous backlash

Foxtrot and Dom's Kitchen & Market joined forces in late 2023 to form Outfox Hospitality.

This company became formed to combine regular convenience stores with café foods to make bigger its footprint across major U.S. cities.

Related: Well known bankrupt restaurant chain reopens first store

Nevertheless, the merger best lasted five short months earlier than the newly formed company became forced to shut down all its locations and file for Chapter 7 financial disaster to clear its debts quickly.

Yet, Outfox did not inform its employees of the shutdown earlier than filing, which left around 100 corporate employees and 1,000 service employees without jobs.

The corporate's employees on the time were incredibly surprised to learn about the mass store closure plans on the very day of the announcement, which became also the same day that it became revealed to regular customers.

After this blindsiding, Outfox's former employees filed a category-action lawsuit against the corporate for violating the Worker Adjustment and Retraining Notification Act (WARN), which requires companies to present employees 60 days' notice earlier than any planned closures or mass layoffs.

Foxtrot strives for redemption after resurfacing

After a five-month hiatus, the new owners of the Foxtrot chain reopened their first location on Sept. 5 on Chicago's Gold Coast.

Following the announcement, Foxtrot stated that it became in no rush to reopen locations and planned to arrive this at its own percent, which prompted some to start up out thinking that this primary store reopening may well be a one-hit-wonder.

Nevertheless, best 14 days later, Foxtrot reopened its 2nd location, promoting free coffee at its grand opening for every person who attended.

Foxtrot reopens 2nd location, and people have mixed reviews

Foxtrot opened its 2nd location on Sept. 19 on Chicago's Wells St. Even supposing it became to take into accounta good achievement for the corporate's owners, some people still had mixed feelings about the announcement.

Because Foxtrot had to start with mentioned Dallas as one among of the locations where its stores may well be reopening, some bombarded the corporate's Instagram comments section with requests for Foxtrot to come again to Dallas.

One user on the social media platform commented: "Open Dallas next plz"

Another loyal customer commented: "How about Dallas??!"

More Foxtrot:

  • Well known bankrupt restaurant chain reopens first store
  • Well known restaurant chain filing for financial disaster, closing all locations
  • Well known bankrupt retailer is reopening in spite of everything right away closing stores

Nevertheless, some were now now not so happy with the news brought on by claims that the corporate still hasn't made its previous vendors and employees whole.

One user expressed mixed feelings about the shop's reopenings, commenting, "Good enough, so I WANT to beef up the new owners, but whew, y'all HAVE to immediately address and make right what occurred."

Another user on the social media platform commented: "Instead of free coffee, most probably which you may be ready to charge for the coffee and use that money to pay back the vendors you continue to owe money to."

The fresh Foxtrot, alternatively, is never very from now on the same company as former owner Outfox, which filed for Chapter 7 financial disaster and liquidated. It truly is a ways a new entity with new owners.

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