10 Restaurant Chains Facing Bankruptcy In 2024

Following mass closures and a drop in system sales last year, the fast-casual Mediterranean

Roti

World of Beer Bar & Kitchen was once one of the country's fastest-growing casual-dining brands, but the chain has

World of Beer

At the end of July, Buca di Beppo made headlines after closing 13 locations. Now, the chain is looking to position

Buca di Beppo

After 40 years in business, the iconic New York City fine dining eatery Gotham Restaurant is contending with bankruptcy

Gotham Restaurant

One Table Restaurant Brands—the parent company of the salad chain Tender Greens and the Mexican chain Tocaya

Tender Greens & Tocaya

On June 14, Melt Bar & Grilled, a Cleveland, Ohio-based restaurant chain known for its gourmet grilled cheese sandwiches

Melt Bar & Grilled

Just a few years after declaring bankruptcy during the COVID-19 pandemic, Rubio's officially announced its second Chapter 11 bankruptcy

Rubio's Coastal Grill

About a week after making headlines for abruptly closing dozens of locations, Red Lobster announced it had filed for Chapter 11 bankruptcy.

Red Lobster

In April, Tijuana Flats, the Florida-based Tex-Mex restaurant chain, shared several restructuring plans

Tijuana Flats

At the end of April, Boxer, a small Portland, Ore.-based Ramen chain, announced via Instagram that it will be closing all four of its restaurants

Boxer

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