Salad bar-style buffet chains have struggled financially since the Covid-19 pandemic. The Souper Salad buffet restaurant chain has dropped from about 150 locations to just three. Formerly defunct Sweet Tomatoes plans to open two locations after going out of business during the Covid-19 pandemic. The growth of salad bar chain restaurants in the 1980s accelerated … Read more
In many cases, a Chapter 11 bankruptcy does not mean the end of a restaurant chain. That’s at least in part because brand names have value, and as long as the finances can be worked out with lenders, there will usually be more investors willing to get behind a Red Lobster comeback than those who … Read more
Another long-standing Mexican restaurant chain has closed nearly all of its locations, ending years of family dinners, weekly happy hours and a loyal customer base. Due to an unexpected event, a more serious crisis has now hit the business: the sudden loss of many employees. Mexican restaurants in the U.S. have faced rising labor and … Read more