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Restaurant bankruptcies, Tropical Smoothie Cafe’s sale, and Chipotle’s impressive quarter
This week on the Extra Serving podcast, a product of Nation’s Restaurant News, NRN editors Holly Petre, Sam Oches, and Alicia Kelso talked about the state of the financial market in the industry.
While some brands are thriving, there are plenty of others that have been struggling. Many have either declared bankruptcy or are rumored to be. Tijuana Flats and Oberweis Dairy both declared Chapter 11 this week and the rumors behind Red Lobster are strong amid its new CEO. There’s also the Boston Market saga.
Next, the editors talked about the sale of Tropical Smoothie Cafe. Rumors began in…
The skinny
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