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True Food Kitchen has filed for voluntary Chapter 11 bankruptcy protection as the health-focused restaurant chain seeks to restructure its operations and stabilize its business. The company said it plans to close 12 underperforming locations, underscoring the pressure facing casual dining operators in a high-cost, low-margin environment.
True Food Kitchen has filed for voluntary Chapter 11 bankruptcy protection and plans to close 12 restaurants as it seeks to stabilize operations and reset its business for long-term viability. The move underscores the pressure on casual dining chains facing softer consumer demand, higher operating costs and a more selective restaurant market.
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