Mexican food chain On The Border closes 40 restaurants

Mexican food chain On The Border closes 40 restaurants, files for bankruptcy protection
On the Border Mexican Grill & Cantina filed for Chapter 11 bankruptcy protections after closing 40 restaurant locations.
On the Border Mexican Grill & Cantina Files for Bankruptcy Amid Economic Challenges
On the Border Mexican Grill & Cantina files for bankruptcy amid financial challenges and changing dining habits.
On The Border Tex-Mex chain joins list of bankrupt restaurants after closing locations across 24 states
Mexican restaurant chain On The Border has filed for Chapter 11 bankruptcy protection after closing at least 77 locations.
On The Border Mexican Grill & Cantina files for bankruptcy amid nationwide closures
A popular Tex-Mex restaurant chain has filed for bankruptcy after closing multiple locations nationwide. OTB Holding LLC, the parent company of On The Border Mexican Grill & Cantina, has filed for Chapter 11 bankruptcy,
On the Border Mexican restaurant chain files bankruptcy. What will happen to CT location?
On the Border Mexican Grill & Cantina, a Tex-Mex restaurant chain with locations around the country, including one in Connecticut, filed for Chapter 11 bankruptcy this week. In a press release, the company said it "intends to use the proceedings to drive operational improvements and pursue a sale of substantially all of its assets.
On The Border Becomes the Latest Restaurant Chain in Bankruptcy
On The Border Mexican Grill & Cantina became the latest US casual-dining chain to file for bankruptcy amid surging labor costs, falling customer traffic and inflationary pressures.
Tex-Mex chain On the Border, which started in Dallas in 1982, seeks bankruptcy protection
On the Border Mexican Grill & Cantina has filed for bankruptcy protection, citing pressure from inflation and changing customer behavior.
On the Border is closing locations, files for bankruptcy; how many are in NJ?
On the Border Mexican Grill & Cantina filed for bankruptcy Tuesday and has abruptly closed 40 locations, with more to come. Here's where in New Jersey
On The Border Mexican Grill & Cantina files for bankruptcy
Mexican casual dining chain On the Border Mexican Grill & Cantina has filed for Chapter 11 bankruptcy in the US, highlighting persistent challenges within the foodservice sector. The company's recent filing in the Georgia Northern District bankruptcy court reveals assets and liabilities between $10m and $50m.
Popular Chili’s competitor and Tex-Mex chain just filed for Chapter 11 bankruptcy
Popular Tex-Mex chain On T. The brand owned by Atlanta’s Argonne Capital Group said inflation was to blame for the bankruptcy protection filing, which has been a challenge for many similar chains. On The Border said in court documents that frugal customers have chosen to visit restaurants less and save more as food prices at restaurants have surpassed those in grocery stores over the past few years.
This Tex-Mex chain with a South Jersey site has filed for bankruptcy. What we know.
In court papers, the chain noted that it's been "weighed down" in recent years by inflation, with menu prices rising faster than grocery prices.
On the Border Mexican Grill & Cantina permanently closes its last Mississippi restaurant
On the Border Mexican Grill & Cantina has closed its last location in Mississippi, marking a continued trend of closures ...
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After seeking Chapter 11, On The Border says it’s open for business
The Chapter 11 filing comes just weeks after On The Border shut 40 locations across 24 states that it deemed “financially ...
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Popular Tex-Mex restaurant chain files for bankruptcy
On the Border Mexican Grill & Cantina filed for bankruptcy protection this week as it struggled to compete in the macroeconomic environment. The Tex-Mex chain, owned by Argonne Capital Group ...