[Burger King franchise with 118 restaurants
files for bankruptcy after accruing debts
of $14million triggering closures
across six states.
Higher costs and wages had hurt the company
looking to build back after Covid
Follows separate closure of 26 outlets
this month, with 424 staff losing jobs]
[The franchisee said it was 'possible,
if not likely' they would be pressed
to close more stores as they negotiated
rent and operational improvements with
landlords.]
https://www.dailymail.co.uk/news/art...14million.html
China's Covid
caused all this.
Burger King remains
but 118 of them will be closed