Bankrupt restaurant chain starts shuttering locations

The Miami Beach-based brand filed for bankruptcy on May 12.

May 24, 2025 - 17:20
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Bankrupt restaurant chain starts shuttering locations

Bankruptcies and store closings seem to be all over the news this year — a trend that was happening even before President Donald Trump announced his tariffs plan on April 2.

The looming impact of tariffs has spooked many businesses. Unfortunately, their fears are rational. 

With the pressure of new levies on both large and small businesses, it's almost certain that we will see many forced to either downsize or throw in the towel this year.