Popular restaurant chain files Chapter 11 bankruptcy
The popular restaurant chain filed for bankruptcy protection to reorganize its business.
The casual restaurant sector has suffered financial complications at some level of the last one year, with several eating chains closing more than one areas and filing for monetary concern.
Loads of the chains with monetary difficulties absorb faced big debt duties with funds that grew to change real into a burden to meet, as interest charges rose and inflation elevated the costs of labor and meals products.
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