Restaurant chains, including TGI Fridays and Chuck E. Cheese's, are filing for bankruptcy due to COVID-19.

The article examines the rise in restaurant chains filing for bankruptcy, particularly in Iowa, with the COVID-19 pandemic as a significant contributing factor. Notable chains mentioned include TGI Fridays, Chuck E. Cheese's, and Red Lobster, which have faced closures or ownership changes. Financial struggles have intensified due to rising costs and labor issues. Experts predict that more bankruptcies and closures may occur in the near future.

November 02, 2024
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