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More Chain Closures And Bankruptcies: HopCat, UK’s Frankie & Benny’s And Travelodge, Luby’s Sale

Written by The Ashton Report

Many chains continue to go into various forms of receivership, on both sides of the Pond:   –Grand Rapids, Mich.-based Barfly Ventures, owner of 11 HopCat brewpubs and three other restaurants, filed for Chapter 11 bankruptcy early last week. Owner and CEO Mark Sellers told a committee of the Michigan House of Representatives that “It’s…

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