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Tough Week For Chains: Two Bankruptcies, Big Store Closure

Written by The Ashton Report

The highly competitive and slow growing chain-restaurant market claimed more victims last week, with casual dining operator Restaurants Unlimited and a big Perkins franchisee filing for Chapter 11 bankruptcies and Boston Market closing 45 stores. Restaurants Unlimited, the Seattle-based operator of casual dining brands including Kincaid’s and Palomino, filed for bankruptcy Sunday, July 7, and…

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