That was bad enough, but they weren't paying their suppliers either. US Foods dinged them for almost $12 million. And I wonder if they were paying their lawyers - looks like that was a default judgment https://www.nrn.com/fast-casual/boston-market-ordered-pay-119-million-us-foods-default-judgment-decision for bad faith and failing to meet their obligations to the court.
Holy crap!
What happened to them?! I loved their meatloaf.
I can’t believe I’m saying I loved meatloaf! Lol.
Nowadays if a new type of restaurant succeeds then a dozen more are started just like it and spread across the country with debt financing.
It becomes a game of chicken to see which will last. There was the roasted chicken craze, then the luxury burger craze, then the sub craze, then the spicy chicken craze, now the chicken nugget craze.
In the long run only the lawyers and accountants end up in the black.