A Popular Burger Chain Now Closes After Unexpected Bankruptcy

A popular burger chain now closes after an unexpected bankruptcy, unfortunately leading the company to shutter all of its locations.

Burbs Burgers, a popular outlet in Seattle closed all five of its locations last month, reports The-Sun.

These closures have left the Huxley Wallace Collective restaurant group without an open restaurant for the first time since 2007.

Owner Josh Henderson made a desperate plea on Instagram on February 17 in which he hoped to find someone willing to invest in the now-defunct chain that he established in 2020.

He previously admitted that the chain was “started with anchors around its legs,” due to the pandemic, according to the Seattle Times.

“As some of you may know, Burbs is currently in Chapter 11 protection and the goal of that for me was to develop a plan…to keep the business open to fight to live another day, keep operating all those things,” Henderson said in the clip.

However, after two to three months of undergoing this process, Henderson confirmed that he has been unable “to secure any additional funding or capital for the business.”

“I’m out of options…What this means is that Burbs is going to be closing in the next three to five days.”

The locations in Montlake, Pioneer Square, Ballard, Georgetown, and Bellevue were all shuttered.

“The reason I’m posting this video is to find any kind of option, look under every rock, just try to find any solution that I can to keep the business open,” Henderson added.

Henderson says the best bet is to pivot and transform its model into a scalable and mobile food truck business.

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Also Read: A New Wave of Unexpected Layoffs Now Hits Wisconsin

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Market News Today - A Popular Burger Chain Now Closes After Unexpected Bankruptcy.
Market News Today – A Popular Burger Chain Now Closes After Unexpected Bankruptcy.

This massive grocery store is now shutting its doors soon at a historic location which has operated for over 60 years.

The Giant Food store on Langston Boulevard in Arlington, Virginia will permanently close on Thursday, February 29.

Giant Food has anchored the Lyon Village Shopping Center, at 3115 Langston Blvd. (formerly Lee Highway), for more than 60 years.

It is at the intersection of Langston Boulevard and Spout Run Parkway.

“In the normal course of evaluating our business and local trade areas, we determined that we can adequately serve this community through several other nearby Giant Food locations, as well as our online services, Giant Pickup and delivery,” Giant said in an emailed statement.

The nearest Giant Food store is on Washington Boulevard in Virginia Square, about a mile away.

Lyon Village Shopping Center’s other tenants include CVS Pharmacy, burger restaurant BGR, Starbucks, The Italian Store, and Big Wheel Bikes.

Giant said all employees at the Lyon Village store are being offered transfers to other Giant locations.

A spokesperson for the grocery store made the following statement:

“In our ongoing assessment of business dynamics and local trade areas, we’ve concluded that the needs of this community can be adequately met by several nearby Giant Food locations, as well as our online services, Giant Pickup, and delivery.

We want to express our sincere gratitude to the Arlington community for their support over the 60 years that Giant Food has been a part of this neighborhood, and we look forward to welcoming our shoppers at our other local Giant Food locations.

We appreciate the work our store associates have done to serve this community, and all associates from the store are being offered the opportunity to transfer to other Giant locations.

[Furthermore] We are committed to supporting our employees through this transition and ensuring that they have continued opportunities within our company.”

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Also Read: This Massive Restaurant Is Now Closing 41 Locations

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Market News Today - A Popular Burger Chain Now Closes After Unexpected Bankruptcy.
Market News Today – A Popular Burger Chain Now Closes After Unexpected Bankruptcy.

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