The Quiet Collapse of the American Restaurant

(The Epoch Times)—I have lost multiple restaurants over the past few years. The final two closed last year in California. At first, it was easy to explain. COVID-19 hit, and everything changed overnight. Then came the actor strikes, the writer strikes, and the fires that swept through Los Angeles. One by one, these events reshaped …

Rubio’s files for bankruptcy again

Rubio’s Coastal Grill, the long-struggling fast-casual chain that just closed a third of its restaurants, on Wednesday declared bankruptcy for the second time in four years, saying the operating environment has grown too difficult, particularly in California. The fast-casual taco chain said it plans to use Chapter 11 bankruptcy to oversee a sale process. Rubio’s …