Struggling restaurant chain delisted, avoids Chapter 11 bankruptcy
The restaurant industry has faced its share of financial distress over the past five years. During the pandemic, restaurants were forced to close to customers. And at the time, some successfully shifted to takeout and delivery.
Mexican food chain On The Border closes 40 restaurants, files for bankruptcy protection
On the Border Mexican Grill & Cantina filed for Chapter 11 bankruptcy protections after closing 40 restaurant locations.
Popular family restaurant chain is closing more locations across the U.S.
But those changes are yet to occur. According to the Friendly’s website, there are currently no restaurants located in that state. Instead, locations are scattered among Connecticut, Delaware, Florida, Massachusetts, Maryland, Maine, New Hampshire, New Jersey, New York, Pennsylvania and South Carolina.
A Dallas-based Tex-Mex chain is closing restaurants. Are any in north Texas shutting down?
On The Border, a Dallas-based Tex-Mex restaurant chain, filed for Chapter 11 bankruptcy protection in March following the closing of 40 “non-performing” stores in February and will close the rest of its stores,
A national Tex-Mex chain is closing restaurants. Will any in the Charlotte area shut down?
The company, which has about 60 restaurants across the United States, filed for Chapter 11 bankruptcy protection.
This Famed Tex-Mex Restaurant Chain Is Filing for Bankruptcy—Here's What to Know
On The Border serves as the latest chain restaurant to file for bankruptcy within the last year, according to Restaurant Business. News of On The Border's newfound fate comes a few weeks after wing lovers were gutted when news of Hooters preparing to file for bankruptcy broke.
This chain has passed McDonald’s as the world most popular restaurant
Move over McDonald’s and Starbucks. Mixue Bingcheng is now the world’s largest food and beverage chain.
Restaurant Menus Have Been Growing. Here's Why Some Chains Are Cutting Back.
Key Takeaways Starbucks, Outback Steakhouse, Papa John's and Chili's are among the chain restaurants trimming their menus.The ...
Chinese Restaurant Chain Apologizes and Offers Thousands of Refunds After 2 Diners Urinated in Soup: Reports
One of China's biggest restaurant chains, Haidilao, known for its hotpot, has apologized and offered refunds to thousands of ...
Canada-based Japanese restaurant chain makes US debut in this metro Phoenix city
A Canada-based chain of teppanyaki restaurants made its US debut in metro Phoenix. Here's where and what's on the menu at the ...
Exclusive: Activist investor Engaged launches proxy fight at restaurant chain Portillo's
Activist investor Engaged Capital is ready to run a boardroom fight at restaurant chain Portillo's and has nominated two ...
Huge American restaurant chain to open in UK this year as date revealed
The very first of its kind in the UK is on the way, the company has announced - with more branches also opening soon ...