On the Border closing more than 70 restaurants after filing for bankruptcy: See list [USA TODAY]
Brinker International, Inc. (EAT)
Last brinker international, inc. earnings: 4/29 06:45 am
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Source: USA TODAY
chain is closing more than 70 locations, asking the court to allow it to reject its leases across the U.S. Earlier this month, On the Border filed for Chapter 11 bankruptcy, citing difficult economic conditions, labor shortages, underperforming restaurants and creditor enforcement actions. OTB Holdings Chief Restructuring Officer Jonathan Tibus said the company had been affected by "macroeconomic factors." "On The Border has been weighed down in recent years by macroeconomic factors that have negatively impacted the Company. Casual dining restaurants are acutely impacted by consumer sensitivities to eating out versus staying in," Tibus said in court records obtained by USA TODAY. At the time of filing, On the Border had 60 company-op
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EAT
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- 1/29/25 - Beat
EAT
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- 2/25/25 - Form 4
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- 2/25/25 - Form 4
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