Ufood Grill

UFood Restaurant Group files for Ch. 11 bankruptcy

Officials point to economic downturn, underperforming UFood Grill units

UFood Restaurant Group, the parent of UFood Grill, said the prolonged economic downturn aggravated by a pair of underperforming company stores prompted it to file for Chapter 11 bankruptcy protection.

Richard Golden, the recently appointed chief executive of the Newton, Mass.-based fast-casual chain, said in a legal filing in Boston Bankruptcy Court that the company hopes to restructure “the balance sheet and return to a point of positive cash flow.”

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