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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsMacaroni Grill files for bankruptcy protection
NEW YORK The owner of Romanos Macaroni Grill filed for Chapter 11 bankruptcy protection Wednesday, blaming its falling fortunes on the changing tastes of diners who increasingly dont 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.
Romanos Macaroni Grills 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/
yallerdawg
(16,104 posts)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)OTOH, good quality Mexican-American food is pretty reasonable, even eating out at a nice place.
Obviously, the Kit Kat Quesadilla is not available in your area.