Restaurant News Roundup, 08/28/2024
Red Lobster is closing 23 more restaurants across the country by the end of this month as the chain seeks to cut costs amid its Chapter 11 bankruptcy process. The Orlando-based seafood chain, which has already shut down some 100 locations, filed for bankruptcy protection in May. Read more here: https://www.restaurantbusinessonline.com/financing/red-lobster-close-more-struggling-restaurants-week
Roti, a fast-casual chain, has filed for Chapter 11, becoming the latest brand to join Red Lobster, Tijuana Flats and others seeking bankruptcy protection this year. Read more here: https://www.fastcompany.com/91179584/roti-mediterranean-fast-casual-restaurant-chain-bankruptcies-list-2024
The debate over presidential campaign proposals to not tax tips heats up among restaurant workers across the country, with some seeing benefits and others not so much. Read more here: https://www.foxbusiness.com/media/no-tax-on-tips-debate-heats-up-restaurant-chef-server-clash-how-theyre-paid
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