Restaurant chain

• Chipotle rival Mexican chain closed all its restaurants - In many cases, a Chapter 11 bankruptcy does not mean the end for a restaurant chain. That's at least partially because brand names have value, and as long as the finances can be worked out with creditors, there will usually be more investor
• Cracker Barrel lowers revenue forecast as traffic falls after logo blowup - Cracker Barrel posted lower-than-expected sales in its fiscal first quarter and trimmed its revenue forecast for the year as it continued to feel the fallout from a botched plan to revamp its logo and restaurants. The Lebanon, Tennessee-ba
• 88-year-old restaurant chain closes all locations, no bankruptcy - Once popular buffet chains were fading in the restaurant sector when the Covid-19 pandemic prompted dining establishments to adopt stricter food safety guidelines. Food safety awareness during the Covid-19 pandemic also changed consumers' a