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May 2023: The flames start flickering for Burger King. News breaks that the fast-food giant plans to close up to 400 locations in the US by year's end [1]. CEO Joshua Kobza blames underperforming restaurants and struggling franchisees, with some like Toms King and EYM King filing for bankruptcy [1]. This news is a blow
Another Restaurant Brands International franchisee filed for bankruptcy. Georgia-based RRG Inc. filed for Chapter 11 protection in the U.S. Bankruptcy Court for Southern District of Georgia on January 31. The
Over 1,000 Burger King locations could soon look different as the company plans to operate locations that were previously owned by a franchisee.
Over 1,000 Burger King locations could soon look different as the company plans to operate locations that were previously owned by a franchisee.
Over 1,000 Burger King locations could soon look different as the company plans to operate locations that were previously owned by a franchisee.