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Stock impact report

Shari's closes remaining Oregon restaurants [Yahoo! Finance]

Bloomin' Brands, Inc. (BLMN) 
Last bloomin' brands, inc. earnings: 2/18 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Recommended Reading Dive Brief: Shari's Restaurant has closed all of its restaurants in Oregon, according to multiple media outlets . The restaurants closed Sunday, Oct. 20, per a letter to employees shared on social media. The casual chain, which once had nearly 100 restaurants across six states, had 42 locations in Oregon at the beginning of this year, according to OregonLive The chain has faced significant financial difficulties, including unpaid bills, back taxes and evictions. Earlier this year, it closed at least seven restaurants in Washington and Idaho, according to local news outlet KGW Dive Insight: Several vendors have complained about unpaid bills, including a marketing agency and property owners, and Shari's Management Corporation had six liens against it by the Idaho State Tax Commission for nearly $220,000 in unpaid taxes, per KGW. According to a letter to employees written by Sam Borgese, sole managing member of parent company Gather Holdings Guarantee, Show less Read more
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