These 10 restaurant chains filed for bankruptcy this year
Publishing timestamp: 2024-09-01 07:00:01
Summary
Restaurant industry sees surge in Chapter 11 bankruptcy filings in 2024, with at least 10 notable chains filing for bankruptcy protection. Rising costs, labor challenges, and decrease in consumer spending cited as reasons for bankruptcies. Various restaurant chains struggling to stay afloat and restructure amidst challenging economic environment.
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Keywords: burgerfi international inc, business, retail industry, lifestyle, corporate bankruptcy, breaking news: business, restaurants, business news,
Source: https://www.cnbc.com/2024/09/01/restaurant-chains-that-filed-for-bankruptcy-this-year.html