Hamburger chains that reported bankruptcy in 2020
Fortunately, they are always in business.
2020 was a difficult year for the restoration sector, at least. NumerousRestaurant chains deposited for bankruptcyAnd even more restaurant chainsClosed hundreds of locations last year. And if many of your favorite hamburger chains go strong, there was major majorBurger Chain Fillies in 2020.
It is important to note that if these companies reportedbankruptcyThey did not leave for good. Yet, the news of bankruptcy does not bode well for the restaurant industry.
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By Chloe
In December, Vegan SpotBy Chloe declared chapter 11 bankruptcy. Fortunately for fans, his locations are always open.
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Krystal
Krystal filed for bankruptcy in January 2020, andHe was sold to the Fortress Investment Group in May 2020.
Tuesday Ruby
Tuesday Ruby is known for his hamburgers and salad bar, but the catering chain had a rough year in 2020.Tuesday Ruby filed for Chapter 11 Bankruptcy In October andThe chain closed 150 locations during the pandemic.
NPC International
Wendy did not declare bankruptcy in 2020, but NPC International, which operates nearly 400 Wendy Franchise places,made the record for bankruptcy last year. Fortunately, that does not mean that the Burger channel goes nowhere.
Holdings CFRC
Ok, so ihop is not exactly a burger chain, but we think they're counting, considering thatTemporary name changes to iHob (International House of Burgers) in 2018. Hiop franchiseeCFRA Holdings filed for bankruptcy in MayAnd some IHOP places across the country have closed.
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