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Rising operational costs and decreased traffic, as illustrated in cases like a popular Mexican chain and a renowned sushi restaurant, have forced businesses to reevaluate sustainability.
The restaurant chain is facing debt amid financial ... The company joins casual dining chains from Buca di Beppo to Red Lobster to grapple with inflation, high labor costs and fewer customers.
Brinker International set to work franchising the restaurant and by recently the ... Former giants like Red Lobster, TGI Fridays, and Buca di Beppo all declared Chapter 11 after financial struggles.
It also lands Bar Louie as the latest American restaurant chain to go bankrupt in the last year, following Red Lobster, TGI Fridays, On The Border and Bucca di Beppo. Bar Louie's closed location ...
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