Entries tagged "Midland Food Services"
Here are some of the latest bankruptcy stories our reporters have been covering Thursday morning on TheDeal.com. For more check out the bankruptcy channel on TheDeal.com or visit Bankruptcy Insider. ...
Two weeks ago, it was the parent company of Bennigan's and Steak & Ale restaurants, S&A Restaurant Corp., that filed for bankruptcy. Last week, it was a major Pizza Hut franchisee, Midland Food Services LLC. Anyone who has driven up and down a suburban highway should be surprised. It's a casual-dining and franchise restaurant emporium. It would be a minor miracle if more than one type would survive, given the array of choice. But that cluttered culinary landscape defied the economics -- until now. People don't eat at home unless they have to now. And that's exactly what's happened,...