Giant Restaurant Now Makes An Unexpected Closure in South Carolina

A giant restaurant now makes an unexpected closure in South Carolina, leaving customer’s in shock, citing a surge in crime being the reason.

A Cracker Barrel location has permanently closed its doors in Columbia, South Carolina.

This was confirmed to its customers through a phone call to the now-closed branch, according to The State.

“Thank you for calling the Sandhill Cracker Barrel, this location has permanently closed,” the message said.

“We invite you visit one of our more than 160 locations in 44 states.”

Customers were also met with a sign on the door that confirmed the sad news, according to CBS affiliate WLTX.

“To our Sandhill community – thank you for more than 15 years in the community,” the note said.

“We’ve been honored to welcome guests into a home-away-from-home at our store, and we’ve valued the opportunity to be part of so many special occasions for our guests and community.

We are deeply saddened to announce this location has closed.”

Despite this closure, two locations remain in the Columbia area, reports The-Sun.

Some locals shared that they were devastated and shocked by the news on a Facebook post.

“That’s crazy we were just there and it was packed,” one person wrote.

“We keep losing restaurants,” another commenter said.

One person suggested a possible reason for the restaurant’s departure.

“I always thought that was a strange location… not near an interstate,” they said.

Cracker Barrel shared that “performance” was a reason for the location’s closure.

“As a standard course of business, we continually evaluate the performance of our stores, using various criteria to ensure we are meeting the needs of our guests and our business,” the chain told WLTX.

“The decision to close a store is never one we take lightly, and our focus right now is on assisting our impacted employees during this transition.”

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Also Read: A Massive Grocery Brand Now Files For Chapter 11 Bankruptcy

Other Economy News Today

Market News Today - Giant Restaurant Now Makes An Unexpected Closure in South Carolina.
Market News Today – Giant Restaurant Now Makes An Unexpected Closure in South Carolina.

A popular beer brand now declares an unexpected bankruptcy while claiming it expects to have the funds available to pay its creditors.

Fargo Brewing has filed for Chapter 11 bankruptcy protection under Subchapter V of the bankruptcy code.

That means its debts are less than $7.5 million, reports TheStreet.

The company also said that it expects to have funds available to pay unsecured creditors.

The company has not shared a financing or turnaround plan but it did share with the court that it has some assets that will lose value if over time.

That likely refers to perishable goods used in making beer. 

Fargo Brewing reported assets in the range of $100-500,000.

Its liabilities are in the $1-10 million range (based on the checked box on the bankruptcy form), but must be under $7.5 million based on it filing for Chapter 11 bankruptcy under Subchapter V.

The brewery appears to still be operational and events are listed on its website, with tickets still being sold for concerts well into July.

Fargo Brewing not only brew beer, it also hosts relatively big-name bands.

The company was built around beer, but its outdoor concert venue has hosted acts including Violent Femmes, rapper Prof, and country singer Shakey Graves.

“Since its founding in 2010, Fargo Brewing has been on a mission to bring our community together through the art of craft beer.

We understand that you are more than just beer enthusiasts; you are the heart and soul of Fargo, and we are here to celebrate you,” the company shares on its website.

“As locals ourselves, we share your love of classic beer and celebrate the uniqueness of our city.

That’s why we put our heart into every batch, meticulously crafting beers that resonate with your diverse tastes.

Whether you’re a hop-head seeking bold flavors or a newcomer eager to explore approachable styles, we have specifically for you,” it posted.

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Also Read: A Massive Bank Is Now Closing Nine More Locations

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Market News Today - Giant Restaurant Now Makes An Unexpected Closure in South Carolina.
Market News Today – Giant Restaurant Now Makes An Unexpected Closure in South Carolina.

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