Recent Developments in the Restaurant Industry: Bankruptcy, Food Safety Concerns, and Menu Revamps
Stay informed on the latest news in the restaurant industry, from bankruptcy filings to food safety recalls and menu updates.
Photo by Sergio Arteaga on Unsplash
BurgerFi's Asset Sale Following Bankruptcy Filing
BurgerFi, a well-known restaurant chain, recently made headlines with its bankruptcy filing and subsequent asset sale. The company decided to sell all its assets from both the BurgerFi and Anthony’s Coal Fired Pizza brands after facing financial difficulties. In a recent 8-K filing, BurgerFi announced that the court had approved the sale of its assets to TREW Capital Management. This move marks a significant development in the restaurant industry landscape.