Popular breakfast chain franchise files for Chapter 11 bankruptcy
The franchisee of an iconic breakfast restaurant chain files for bankruptcy protection.
The informal restaurant sector has confronted economic hardship for the final five years since the Covid-19 pandemic devastated the industry.
Because the pandemic ragged away, other problems hampered the industry, impartial like rising prices of labor, meals, and offers from inflation, increased passion charges on debt, and altering attitudes of consumers on dining out.
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