Red Robin Refinances $115 Million Credit Facility After Selling 108 Restaurants
Red Robin refinances $115M debt after selling 108 restaurants, with Pace calling it a 'stronger financial foundation.'
CLAY TRIBUNE / THE ARCHIVE
Tag: casual dining
True Food Kitchen Files for Chapter 11 Bankruptcy After First Year of Negative Sales
True Food Kitchen files for Chapter 11 bankruptcy, closing 12 of 46 restaurants. CEO Jeff Chandler says the sale process is the best path forward.
TGI Fridays seals its first U.S. franchise deal since 2013
TGI Fridays signs first U.S. development deal in over a decade, with Bliss Bites taking over a Long Island location and planning five more across New York.
Bravo Italian Kitchen Closes Four Locations as Parent Company Navigates Bankruptcy
Bravo Italian Kitchen closes several restaurants amid parent company's bankruptcy, leaving fewer locations standing.
O’Charley’s Abruptly Closes All Corporate Locations as Franchisees Hang On
O'Charley's abruptly closed all corporate locations Wednesday, leaving franchisees and employees in limbo as the casual-dining chain shrinks.