An Overview of the Bankruptcies

The restaurant industry in 2024 has witnessed a series of significant bankruptcies, with Tender Greens, a Southern California-based salad and bowls concept, and its parent company, One Table Restaurant Brands, filing for Chapter 11 bankruptcy protection. This move came amidst challenging economic conditions and operational struggles faced by these establishments. One Table Restaurant Brands, which also oversees the fast-casual Mexican chain, Tocaya, operates approximately 40 locations, primarily situated in California.