48-year-old casual dining chain closed 106 locations
The restaurant company closed another California location, leaving the chain with 39 units in 10 states.
The restaurant company closed another California location, leaving the chain with 39 units in 10 states.
BELLINGS Intelligence Score: 10
Why it matters
The closure of 106 locations by a 48-year-old casual dining chain is a notable business development but represents routine operating activity with limited systemic or market-wide impact for credit professionals.
Sources
TheStreet
48-year-old casual dining chain closed 106 locations
The restaurant company closed another California location, leaving the chain with 39 units in 10 states.