Popular Latin American chain closes restaurants, files bankruptcy
The chain of Latin American restaurants has closed half of its restaurants.
The informal eating sector has faced a series of financial points over the closing two years that obtain resulted in several restaurant chains closing an total bunch of areas, and in some cases, submitting for monetary distress.
The major challenges consist of tall debt tasks that obtain change into unmanageable, as ardour rates increased after the Covid-19 pandemic.
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