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In July 2008, all of Bennigan's 150 corporate locations across the US were closed due to parent company Metromedia Restaurant Group of Plano, Texas filing for Chapter 7 bankruptcy protection [5] and initially the firm's 138 franchisee-owned locations remained open, but many later closed in the months and years after the bankruptcy filing ...
Texas-based Bennigan’s opened 40 years ago and, at one time, had dozens of restaurants across the country, including one near the old Bannister Mall in Kansas City.
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When you think of the great American restaurants of the past, Bennigan’s, the sit-down chain styled as an Irish pub, likely comes to mind. Its cozy dark-wood atmosphere dotted cities and suburbs ...
Near the end of the fiscal year, Macy's increased the closure amount from 50 to 65 stores after a weak quarterly sales report. [198] Marsh Supermarkets announced on May 11, 2017, that it was filing for Chapter 11 bankruptcy protection and that if it did not find a seller in 60 days, it would close its remaining 44 locations.
Sizzler filed for Chapter 11 bankruptcy in 1996 ("to escape costly leases on unprofitable restaurants"), and closed over 130 of its locations. [6] [7] [8] The company reemerged from Chapter 11 in 1997. During the late 1990s, new management upgraded the quality of food and increased prices. Twenty one locations closed in 2001.
TGI Friday's quietly closed dozens of restaurant locations last week as the chain reportedly prepares to file for bankruptcy protection.. The company's store locater currently lists 164 locations ...
As of 3:15 p.m. ET, Denny's stock was down 22% and was within a few percentage points of hitting its lowest price in over a decade. The big-picture problem is that many Denny's locations aren't ...