When Bennigan's announced its bankruptcy filing last month, it went straight to Chapter 7 and immediately closed its company-owned doors. Interestingly, franchisees can continue to operate, although sourcing food and maintaining promotions must be nearly impossible with no parent company guiding the operations.
restaurants: August 2008 Archives
Mrs. Fields Famous Brands LLC is planning a Chapter 11 bankruptcy filing and is asking creditors for input
The company, which dates to 1977, is having difficulty managing fuel and ingredient costs. Any restructuring plans will affect both Mrs. Fields Cookies and TCBY outlets.
