Beloved breakfast restaurant chain closing more locations

The casual restaurant chain sector faces more distress in 2025 after several chains filed for bankruptcy and closed locations in 2024.

Prominent casual chains to file for Chapter 11 bankruptcy last year included Tijuana Flats, filing in April 2024; Red Lobster, which filed in May 2024; Rubio's Coastal Grill, filing in June 2024; Italian chain Buca di Beppo, declaring bankruptcy in August 2024; and TGI Friday's, filing in November 2024.

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