Popular casual restaurant chain files for Chapter 11 bankruptcy

The popular restaurant chain filed for bankruptcy protection to reorganize its business.

May 13, 2025 - 10:30
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Popular casual restaurant chain files for Chapter 11 bankruptcy

The casual restaurant sector has suffered economic complications over the excellent year, with a complete lot of dining chains closing a complete lot of areas and filing for financial break.

Many of the chains with monetary difficulties own confronted mountainous debt responsibilities with payments that grew to vary true into a burden to meet, as hobby rates rose and inflation increased the costs of labor and meals products.

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