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Fazoli's Reborn Amid Italian Food Crisis | Durham News
Italian food may be the world’s favorite, but its restaurant chains are struggling under rising costs and shifting consumer habits. Fazoli’s, once part of the failing FAT Brands empire that filed for bankruptcy, is now being reborn — with a $595 million buyout by former bondholders. In just nine months, FAT Brands shuttered 50 locations and exited entire states like Alabama. While pasta and pizza remain beloved, soaring ingredient prices, labor costs, and insurance hikes are crushing profitability across the industry. With new ownership, Fazoli’s hopes to turn the page — but the road ahead…
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