is kona grill going out of business?
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Kona Grill filed for federal bankruptcy protection late Tuesday as the cash-strapped company closes unprofitable locations and tries to find a buyer. The company has closed an additional 15 locations, according to bankruptcy filings, and is now down to 27 restaurants—it operated 46 at the end of 2017.
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After 25 years, Claim Jumper in Brea has closed. According to a statement from the restaurant's owners, Kelly Restaurant Group, its last day was Sunday, June 30 and it was shuttered “due to a natural lease expiration and a significant increase in rent demands.”
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The Waiwera pools have been closed since February for renovations, but there has been no work at the site since September. The landowners cancelled the lease in October because of unpaid bills dating back two years. Khimich's company purchased the leasehold interest in the property in 2010.
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As of late May, the home of the Grand Slam breakfast is closing 15 locations operated by one franchisee, Feast American Diners. "Due to the severe financial environment caused by the COVID-19 pandemic, some of our franchisees have regrettably decided to close their locations. ...
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Husqvarna discontinues Yazoo|Kees mower line. Husqvarna Professional Products Inc. will discontinue manufacturing and selling commercial lawn-mower products under the Yazoo|Kees brand name by year end. The company will still produce similar products under both the Dixon and Husqvarna brands.
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Almost 340 IHOP restaurants and 264 Applebee's Neighborhood Grill units have closed since Dec. 31, according to an update from franchisor Dine Brands Global on the impact of the COVID-19 pandemic. Dine Brands expects most of the closings to be temporary.
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The shutdown of the popular restaurant has left many employees in the lurch. SEATTLE - A shocking shutdown of a popular restaurant chain leaves employees in the lurch. The company says all the locations of TGI Friday's in the state have been closed.
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Steak 'n Shake has permanently closed 51 of its company-owned restaurants as the chain has worked to refinance a debt bill that comes due next year. The closures were detailed in the Indianapolis-based burger chain's parent company's latest earnings report.
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Canadian Tire, Meyer to take over popular Island cookware business. ... The P.E.I.-based company that makes Paderno pots is being sold, but company officials say it will "business as usual" on the Island.
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Comings & Goings: HOBO stores going out of business. ... Now, HOBO, as the stores are known, is about to suffer the same fate as Handy Andy. The company filed for Chapter 11 bankruptcy late last month and has started liquidation sales. The chain reported sales of nearly $80 million in 2017 and employed more than 200 people ...
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Pizza Hut is making some changes and will be closing hundreds of dine-in locations across the U.S. According to Food Business Network, the pizza franchise has decided to focus on delivery and carryout services, meaning it will cut back on “underperforming dine-in restaurants.”
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As part of the process, a number of "underperforming" Perkins locations have closed, including locations in Chanhassen, Minneapolis-Riverside and St. Cloud. All remaining restaurants will be open and operating as usual.
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Gevalia is not going out of business. On the contrary – we're very focused on growing Gevalia and have been investing in it. It's not uncommon for businesses to discontinue less popular items from time to time to make room for new items or increase focus on others. ... Gevalia is not going out of business!
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Casual dining chain TGI Friday's has become the latest operation to close dozens of locations after suffering a major profit loss in 2019. The chain and its franchisees closed 34 restaurants last year, a spokesperson for the company confirmed to TODAY Food.
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Golden Corral said it has closed all 35 company-operated restaurants and furloughed 2,290 employees because of the COVID-19 pandemic. The franchisor said that “some” of the buffet chain's 454 franchised stores remain in operation, offering takeout and delivery.
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CHICAGO (CBS) — Home improvement retailer HOBO is shutting down all of its Chicago area stores, CBS 2 has learned. Workers for Home Owners Bargain Outlet got the notice on Oct. 2–that the company will liquidate its assets next month and may be out of business by December.
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Fuddruckers shutters all of its Colorado restaurants. The burger chain with a name everyone loves to say (or is it slay?) has packed its beef and left the state for good. Fuddruckers has closed its three Colorado restaurants as a result of the Chapter 11 bankruptcy filing of its parent company.