Popular breakfast chain closes half its restaurants
The longtime restaurant brand has permanently shut down locations, leaving just two restaurants still serving customers.
The longtime restaurant brand has permanently shut down locations, leaving just two restaurants still serving customers.
BELLINGS Intelligence Score: 10
Why it matters
The closure of half the restaurants by a popular breakfast chain is a significant business development for the company and its employees but does not materially affect credit markets, lending standards, or broader financial conditions.
Sources
TheStreet
Popular breakfast chain closes half its restaurants
The longtime restaurant brand has permanently shut down locations, leaving just two restaurants still serving customers.