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TexasTowelie

(112,101 posts)
Thu Oct 19, 2017, 03:22 PM Oct 2017

Macaroni Grill files for bankruptcy protection

NEW YORK — The owner of Romano’s Macaroni Grill filed for Chapter 11 bankruptcy protection Wednesday, blaming its falling fortunes on the changing tastes of diners who increasingly don’t want to eat at sit-down restaurant chains.

The Denver-based company and its rivals have been losing customers to cheaper and faster chains. At the same time, younger customers prefer to dine at non-chain restaurants. Early this week, sit-down chain Ruby Tuesday Inc. agreed to be sold for $146 million and taken private after tweaks to its menu and restaurants failed to boost sales.

Romano’s Macaroni Grill’s owner Mac Acquisition LLC says its 93 restaurants will remain open. Fort Collins has a location on Timberline Road.

Since the beginning of the year, it has closed nearly 40 unprofitable locations.

The company has about 4,600 employees.

http://www.coloradoan.com/story/news/local/colorado/2017/10/19/macaroni-grill-files-bankruptcy-protection/779641001/

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Macaroni Grill files for bankruptcy protection (Original Post) TexasTowelie Oct 2017 OP
A family of four... yallerdawg Oct 2017 #1
Jeebus, Taco Bell is gross. Adrahil Oct 2017 #2
Well! yallerdawg Oct 2017 #3
LOL! NT Adrahil Oct 2017 #4

yallerdawg

(16,104 posts)
1. A family of four...
Thu Oct 19, 2017, 03:29 PM
Oct 2017

can buy a week's worth of groceries for what it takes to eat out at a 'sit-down' restaurant chain.

Meanwhile, 'Taco Bell' is kickin' ass!

 

Adrahil

(13,340 posts)
2. Jeebus, Taco Bell is gross.
Thu Oct 19, 2017, 03:32 PM
Oct 2017

OTOH, good quality Mexican-American food is pretty reasonable, even eating out at a nice place.

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