Restaurant chain Ruby Tuesday has filed for Chapter 11 bankruptcy and will close 185 locations across the U.S. as part of its restructuring. The company filed for bankruptcy in the Delaware with estimated debts of between $100 million and $500 million. Company officials said the filing is part of an […]
Bankruptcy
Sizzler restaurant chain files for bankruptcy, says move is a ‘direct result’ of coronavirus pandemic
FOX Business’ Jeff Flock on the coronavirus pandemic’s impact on restaurant drive-thrus. Sizzler, the steakhouse chain known for its grilled meats and giant salad bars, filed for bankruptcy Monday after the coronavirus pandemic shuttered its restaurants and strained its finances. “The filing is a direct result of the financial impact […]
Still Sizzling? Sizzler Restaurant Files for Bankruptcy Amid Pandemic
Sizzler USA, the family-casual restaurant famously known for its steak and salad bar, filed for Chapter 11 Bankruptcy on Monday. © AFP via Getty Images Commuters drive past a closed Sizzler restaurant in Montebello, California on September 22, 2020. – One of the first steakhouse chain restaurants in the United […]