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The chain saw its sales begin to decline in 2017, filed for Chapter 11 bankruptcy in 2020, and has been closing restaurants ever since, Restaurant Business Magazine reported. Rubio's is now down ...
After raising prices by about 10% in 2023, the chain has faced a mountain of social media backlash over the cost of Egg McMuffins, ... 10 Restaurant Chains Closing Locations In 2024. 8. Denny's.
TGI Fridays isn't alone either — other restaurant chains that have recently filed for bankruptcy include Red Lobster, Ruby Tuesday's, and Sbarro. Though many are hoping for a rebound with ...
Back in 2016, the restaurant chain took a pretty big financial hit, racking up $71.7 million in losses, and also had to fork over $10.6 million to settle claims over a data breach. By 2022, the ...
Pancho's Mexican Buffet is a chain of Tex-Mex restaurants [1] in the United States. [2] In 2017, the owners began closing stores due to poor performance, and developed a small store concept named "Cuban Cafe". There are currently three locations: Houston, [1] [3] Dallas Fort Worth(DFW), and Arlington. [4]
In 2021, the company was acquired by Sweetgreen, a chain of salad restaurants. [17] [18] Both Spyce restaurants were closed following the Sweetgreen acquisition, "to focus on developing technology for Sweetgreen restaurants". The downtown Boston location closed October 22, 2021, [1] and the Harvard Square location closed February 18, 2022. [2]
Hooters said Monday that it's closing "a select" number of underperforming restaurants, the latest casual dining chain to announce shutdowns amid broader industry woes.
After the Polk County District Court issued an injunction in 1992 that prohibited any new Maid-Rite franchises, the court awarded the Gillotti family ownership of the 138-store chain in 1995. Issues with franchise fees and product quality led to a number of restaurants closing, however, and by 2002 the number of Maid-Rite stores had dropped to ...
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related to: restaurant chain closing doors and frames cost calculator 1 3 x 6