Formerly bankrupt restaurant chain announces major turnaround update - A new year is often meant to symbolize fresh starts, but for one of America's most recognizable casual dining brands, 2024 delivered the opposite. Instead of renewal, the year was marked by financial troubles, bankruptcy, and a significant
53-year-old restaurant chain is quietly closing locations nationwide - Hearing about restaurant closures has become increasingly common, but the news often hits the hardest when long-standing establishments shut their doors. These restaurants represent far more than just places to eat; many have become promine
Iconic Italian restaurant chain closes over 200 locations - As someone who grew up about 20 minutes from Boston's famed North End Italian district, my standards for Italian restaurants have always been high. But I also grew up in the 80s, when Chef Boyardee was a menu staple. So when visiting an Ita
Chipotle rival Mexican chain closed all its restaurants - In many cases, a Chapter 11 bankruptcy does not mean the end for a restaurant chain. That's at least partially because brand names have value, and as long as the finances can be worked out with creditors, there will usually be more investor
McDonald's is unexpectedly closing another restaurant - McDonald's is preparing to close yet another restaurant in a matter of days, adding to a growing trend among major fast-food chains that have been rapidly shrinking their footprints in recent months. Rising costs, evolving consumer habits,
88-year-old restaurant chain closes all locations, no bankruptcy - Once popular buffet chains were fading in the restaurant sector when the Covid-19 pandemic prompted dining establishments to adopt stricter food safety guidelines. Food safety awareness during the Covid-19 pandemic also changed consumers' a