Chain Mexican Restaurants in Crisis: Abuelo’s Bankruptcy Exposes Industry Struggles, America’s once-popular Mexican restaurant chains
Chain Mexican Restaurants in Crisis: Abuelo’s Bankruptcy Exposes Industry Struggles, America’s once-popular Mexican restaurant chains Abuelo’s, one of America’s once-popular Mexican restaurant chains, has officially filed for Chapter 11 bankruptcy after years of financial woes, declining customer numbers, and rising costs. According to Restaurant Business, the Texas-based chain cited declining sales, labor pressures, and changing … Read more