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The fast-casual restaurant chain has entered into a forbearance agreement with its lenders and is undergoing a ‘strategic review process’ to ensure a stable financial future
The family-dining restaurant has formed a five-year partnership with 14 organizations that focus on five key pillars, such as civil rights and business diversity.
The fast-casual category first became a thing in the 1990s (about the time Chipotle emerged) and came of age in the 2010s following the Great Recession, when consumers wanted more bang for their buck in the form of value, speed, and quality. The...