Bertucci’s files for bankruptcy, to close 15 restaurants immediately

The Massachusetts-based Italian restaurant chain Bertucci’s filed for bankruptcy on Sunday, revealing plans to continue operating under a new owner and to close 15 locations immediately.

The company, known for its brick-oven pizzas, has struggled for years to compete against fast-casual restaurants that offer customers quicker service at an often cheaper price. Bertucci’s has experienced sales and revenue declines every year since 2011, Chief Financial Officer Brian Connell said in a bankruptcy…

Previous Kansas bank regulator named to Fed post
Next Sallie Mae expands in Delaware, promising 300 more jobs

No Comment

Leave a reply

Your email address will not be published. Required fields are marked *