58-year-old casual restaurant chain closed 163 locations
The restaurant chain has closed over 20 locations since exiting bankruptcy.
The restaurant chain has closed over 20 locations since exiting bankruptcy.
BELLINGS Intelligence Score: 12
Why it matters
The closure of 163 locations by a 58-year-old casual restaurant chain is a significant business development for that company and its employees but does not materially affect credit markets, underwriting standards, or broader credit availability.
Sources
TheStreet
58-year-old casual restaurant chain closed 163 locations
The restaurant chain has closed over 20 locations since exiting bankruptcy.