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Mediterranean fast-casual chain Roti filed for Chapter 11 bankruptcy protection on Aug. 23. The company said it is working with its landlords and suppliers to keep its 22 locations open while it ...
Hot 'n Now. Hot 'n Now is an American fast-food restaurant based in Holt, Michigan. [1] Founded in 1984, the chain once grew to more than 150 locations throughout the United States at its peak. Subsequently, under the ownership of PepsiCo, the chain filed for bankruptcy in 2004, and was then sold to STEN Corporation.
At the end of July, Buca di Beppo made headlines after closing 13 locations.Now, the chain is looking to position itself for success by filing for Chapter 11 bankruptcy.The company said decreasing ...
The chain said it intends to use the Chapter 11 bankruptcy filing to seek new investors or a buyer and reorganize its finances while working to keep its remaining locations open.
CKE Restaurants Holdings, Inc. CKE Restaurants Holdings, Inc. (an acronym for Carl Karcher Enterprises) is an American fast food corporation and is the parent organization for the Carl's Jr., Hardee's, Green Burrito, and Red Burrito brands. [4][5] CKE Restaurants is headquartered in Franklin, Tennessee. [6]
The Fast Food Accountability and Standards (FAST) Recovery Act (AB 257) is a Californian law which brings multiple reforms to the state's fast food industry. The bill's provisions aim to allow workers and California state to hold fast-food chains responsible for issues like wage theft and overtime pay, and establish a council which itself shall be responsible for establishing minimum standards ...
The Wendy’s combo, which the chain says is “a delicious and value-able reason to jump out of bed in the morning,” keys in on the one word defining fast food restaurants’ latest battle: value.
Seafood restaurant chain Red Lobster is one of several major chains that filed for Chapter 11 bankruptcy this year. A great example of that in the restaurant industry is the ability to get out of ...