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The troubled chain for bankruptcy protection in its home state of Florida. It has lined up $100 million to pay employees and fund other day-to-day expenses. The newly appointed skipper dropped a whopper of a report that targeted some of the decisions that cast the business adrift
The landlord of the Viviant Healthcare properties in West Ashley and Hanahan ousted the previous management group in April.
The casual dining chain's operating account held less than $10,000 as of Aug. 25.
A recent report by Yelp found that U.S. business openings are on track to break last year's record, driven in part by increased restaurant growth.The research showed that restaurants saw a 12 percent increase in new business openings for January to July compared to the same period last year. The category labeled "food businesses" witnessed an 18 percent rise, and bars/nightlife experienced a 15 percent jump. Leading all segments was hotels and travel, which felt a 39 percent jump versus 2022.
Some staff members say they were shocked to see a notice on the restaurant's door Wednesday. A state agency says they can help former staff find new opportunities.