Retail News

Fast feeder Krystal files for bankruptcy

CNN 01/21/2020

Krystal, a fast-food chain operating in the southeastern U.S., has filed for bankruptcy. The 300-restaurant chain cited changing consumer tastes, increased competition, the rise of online delivery, high lease costs and a tight labor market as factors in its decision to pursue Chapter 11 protection.

MORE ON THIS STORY...

MORE RETAIL NEWS HEADLINES...

Discussions
Check out RetailWire's Engaging Online Discussions Featuring Our Exclusive Braintrust!