Bankrupt California Pizza Kitchen Sees No Bids for its Assets
California Pizza Kitchen’s assets was cancelled because no party submitted a qualified bid by the deadline, according to court documents.
Finance
Ruby Tuesday Files for Bankruptcy
Ruby Tuesday, a classic casual-dining chain founded 48 years ago, filed for bankruptcy Wednesday and will permanently shut down 185 company-owned restaurants.
President Trump Puts Restaurant Relief on Hold
President Donald Trump ended stimulus negotiations with Democrats Tuesday, effectively killing the restaurant industry’s chance at direct funds before the election.
Golden Corral’s Biggest Franchisee Declares Bankruptcy
Operator 1069 Restaurant Group, Golden Corral’s largest franchisee, filed bankruptcy Tuesday due to COVID’s severe impact.
MamaMancini's to Explore Strategic Alternatives
MamaMancini's Holdings, Inc., a marketer of specialty pre-prepared, frozen and refrigerated food products, has engaged B.
There are No More Cheeseburger in Paradises
The final Cheeseburger in Paradise has closed its doors as parent company Luby’s continues to potentially win
Pizza Inn Parent Remains Challenged by COVID Pandemic
In October 2019, Pizza Inn parent RAVE Restaurant Group hired Brandon Solano to trigger a turnaro
New $2.2 Trillion Stimulus Promises $120 Billion for Restaurants
A second major coronavirus stimulus act has been stuck in neutral.
Steakhouse Icon Sizzler Files for Bankruptcy
Sizzler, a steakhouse founded 62 years ago, filed for bankruptcy Monday, citing the overwhelming effects of the COVID pandemic.
NYC Restaurants Sit at a Survival Crossroads
The cut-throat nature of New York City’s real estate market made it difficult for small businesses to thrive even before the pandemic.
