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Tom Uhlman for The New York Times. After Sbarro, the Italian fast-food chain, filed for bankruptcy in April, it closed 31 stores in the United …
Restaurants that have filed for Chapter 11 bankruptcy protection this year, including Friendly’s, Chevys, Sbarro and Perkins, barely bringing in enough cash to cover basic …
National Restaurant Chains Most Likely to Go Bankrupt in 2011 Red Robin to Wendy's and Denny's: See who's in trouble By biteclub June 2011 6 Comments Copy URL When …
Bob Evans. Wally McNamee / Corbis via Getty Images. Founded in 1948 by — you guessed it — Bob Evans, Bob Evans is a farmhouse-themed Midwestern chain much like Cracker Barrel. Attempts to get ...
Besides chicken, the chain served gumbo, fish and chips, greens, biscuits and other soul foods. Chicken George was a character in the 1977 ABC miniseries “Roots,” which was based on a novel about slavery by Alex Haley. …
Sizzler USA: The restaurant chain, which was one of the country’s first casual restaurant chains, filed for bankruptcy because of Covid-19 lockdowns that forced it to temporarily close...
As a result, the chain has closed many of its locations across the country and filed for bankruptcy in 2011. They hoped this would help them to survive, but it did more damage …
Bresler's Ice Cream. Briazz. Brigham's – a Boston-area ice cream parlor and restaurant chain that closed in 2013 [2] Britling Cafeterias. Bugaboo Creek Steakhouse. Burger Chef. Carrols …
Answer (1 of 2): There’s loads of partial closures or just handing on for dear life chains, but actually not too many have gone down completely from 2010–2020. The bulk of the major …
This Nashville-based chain, which operated 230 locations throughout 23 states, has had a tumultuous couple of years. They filed for Chapter 11 bankruptcy in 2016, but were able to exit …
The company has struggled since its former franchiser, the Elias Brothers Corp., filed for bankruptcy in 2000. The year after the bankruptcy, there were 405 Big Boy restaurants …
By mid-April, an estimated 30,000 American restaurants had closed for good and more than 110,000 were expected to shutter by the end of October, according to estimates …
Bankruptcy date: April 10, 2020. Assets: $307 million. Restaurant (s): Brio Tuscan Grill, Bravo Italian Kitchen. Find Out: Creative Ways Small Businesses Stayed Open the Past …
A boy walks past the Friendly's restaurant in Foxborough, Mass., Wednesday, Oct. 5, 2011. The parent of the Massachusetts-based Friendly's restaurant chain filed for Chapter …
Do you remember any of these previously popular restaurant chains? Wetson's was one of Mcdonald's early competitors, with 70 locations. But they didn't make it past 1975. …
The chain's largest franchisee went bankrupt in 2020 and closed down several locations. Its second-largest, Platinum Corral, was not far behind, declaring bankruptcy in mid …
Champ’s – A Detroit Suburb Cruising Stop. Among all the bankrupt restaurants on this list, Champs was a local favorite. This was a local pair of hamburger stands west of …
Carrols Restaurant Group (Pollo Tropical, Taco Cabana) 10. Einstein Noah Restaurant Group. 9. O'Charley's (its namesake as well as Ninety Nine Restaurant and Stoney …
Once considered America’s largest restaurant chain, Howard Johnson’s was at its peak in the 60s and 70s. Known for its fried clams, hot dogs, 28 signature ice cream flavors, …
Bankrupt Claim Jumper closes restaurants, issues nearly 400 layoff notices Claim Jumper’s new owner snaps up another O.C. chain Claim Jumper sold to Landry’s Restaurants …
2. Chi-Chi’s. 1. Lums. 10. Twitty Burger. Conway Twitty would also open Twitty City, another restaurant with other attractions. This would also meet its end. Starting off our list is a …
4: Lums. In 1956, a struggling young lawyer named Clifford Perlman and his brother Stuart, a door-to-door salesman, scraped together $12,000 to buy a humble six-year-old restaurant called …
April 26, 2021, 4:00 AM. 18 Restaurant Chains That Have Filed for Bankruptcy. The coronavirus pandemic has devastated the restaurant industry. By mid-April of 2020, an …
Bankrupt Restaurant Chains Making a Comeback. Chuck E Cheese's. Chuck E. Cheese survived Chapter 11. After declaring for bankruptcy last June, the firm has cleared over $705 million in …
NPC International, one of the largest franchisees of Pizza Hut and Wendy’s, declared bankruptcy, as did IHOP franchisee CFRA Holdings, Applebee’s franchisee Wisconsin …
Real Mex Restaurants. The owner of Mexican chains El Torito and Chevy’s Fresh Mex filed for its second bankruptcy in August. The company was sold out of bankruptcy court …
Friendly's filed for bankruptcy on Wednesday and shuttered 63 restaurants, effective immediately. The layoffs represented more than more than 12% of the company's 10,300 person workforce, …
According to Restaurant Business, the April 20 Chapter 11 filing marks the fifth time the chains have filed for bankruptcy. In June, Fresh Acquisitions' former owner, FMP …
Restaurants continue to feel the economic crunch and sadly, the list of well-established restaurant chains that have filed for bankruptcy since 2020 continues to grow. In …
The restaurant chain bankruptcy wave is not over. As the filing by Golden Corral’s second-largest franchisee demonstrates, filings by big operators and chains could still come …
Friendly's filed for bankruptcy on Wednesday and shuttered 63 restaurants, effective immediately. The layoffs represented more than more than 12% of the company's …
Notably, Sbarro, the famously mediocre Italian chain, went bankrupt in April. The Perkins and Marie Callender's restaurant chains filed for bankruptcy in early June, with plans to …
Bankrupt Restaurant Chains Hand Their Keys To The Lenders
One of the chains that filed for bankruptcy before the COVID-19 crisis (in January 2020). In declaring bankruptcy, the quick-service restaurant chain indicated debts of between $50–$100 …
Grill Concepts, parent of The Daily Grill, Public School, and The Grill on the Alley, filed for bankruptcy in late April. The parent said it implemented “drastic” cost-cutting measures to …
Updated June 30, 2020 9:24 am ET. Text. Five U.S. restaurant companies have recently found suitors to acquire them out of bankruptcy, in contrast to the host of troubled …
The casual restaurant chain also forecast disappointing fiscal 2011 earnings per share in a range of 76 cents to 86 cents, and cautioned that its operating margins would be …
Chuck E. Cheese's parent company filed for Chapter 11 bankruptcy in late June, citing the prolonged venue closures stemming from the pandemic for its financial troubles. The …
September 2, 2014. 13. The Costa Mesa-based parent of the Elephant Bar restaurant chain is slated to be bought out of bankruptcy and will be operated by a Dallas …
Le Pain Quotidien. Le Pain Quotidien agreed to sell its U.S. assets to restaurant operator Aurify Brands for $3 million through a Chapter 11 bankruptcy proceeding. Aurify Brands later said …
Business |The 30 retailers and restaurant chains that filed for bankruptcy in 2020. Business |. Papyrus closed all of its stores this year. (Smith Collection/Gado/Getty Images) Sur …
Here are some of the biggest chains to seek bankruptcy protection this year: — FoodFirst Global Restaurants: The parent company of the Brio Italian Grille and Bravo Italian …
February. Pier 1 Imports: The home goods retailer filed for bankruptcy, following years of decline because of online competition and big-box chains.Pier 1, which once had more …
The pandemic has taken a major toll on the restaurant industry, leading many popular restaurant chains to file for Chapter 11 bankruptcy protection over the course of the …
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