jakncoke
07-29-2008, 01:14 PM
NEWS ALERT
from The Wall Street Journal
July 29, 2008
National restaurant chains Bennigan's and Steak & Ale have closed their doors and filed for Chapter 7 bankruptcy protection, closing more than 300 locations and laying off thousands of employees. It is one of the U.S.'s largest restaurant bankruptcy filings and eliminates two sit-down chains that have been part of the casual dining landscape for decades. The chains will liquidate and are not likely to re-open.
anyone ever eat there? I for one have never. From reading gaf posts this isn't a big loss as apparently BSA sucked. sucks for the thousands of ppl losing there jobs though so more bad news for USA:(
Edit: after reading more of the neogaf thread it seems that all franchised BSA's will remain open, but all company owned BSA's will be closing.
from The Wall Street Journal
July 29, 2008
National restaurant chains Bennigan's and Steak & Ale have closed their doors and filed for Chapter 7 bankruptcy protection, closing more than 300 locations and laying off thousands of employees. It is one of the U.S.'s largest restaurant bankruptcy filings and eliminates two sit-down chains that have been part of the casual dining landscape for decades. The chains will liquidate and are not likely to re-open.
anyone ever eat there? I for one have never. From reading gaf posts this isn't a big loss as apparently BSA sucked. sucks for the thousands of ppl losing there jobs though so more bad news for USA:(
Edit: after reading more of the neogaf thread it seems that all franchised BSA's will remain open, but all company owned BSA's will be closing.