Entries tagged "Pizza Hut"
Pizzeria Uno, the chain of 200 restaurants that helped popularize the Chicago-style pizza, is the latest restaurant chain on the hot seat and could be the next private equity-backed company to file for bankruptcy protection. According to a Wall Street Journal report Wednesday, Uno Restaurant Holdings Corp. plans to miss a bond payment on Friday, making the Boston-based company the latest restaurant chain to dish up some bad news. ...
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,...
