Massive Restaurant Now Closes All Locations in One Major State

A massive restaurant now closes all locations in one major state, shocking employees after such short notices were provided.

Outback Steakhouse has unexpectedly announced it would close all of its locations in Hawaii “leaving workers shocked by the news”, reports The-Sun.

Employees claimed they were given just two days’ notice before the chain closed its last three locations in Hawaii.

The Australian-themed casual dining restaurant closed down its restaurants in Kapolei, Waipahu, and Kailua-Kona on February 18, according to local ABC affiliate KITV.

This news was confirmed by the executive director of the Hawaii Restaurant Association, Sheryl Matsuoka, who said the news was unexpected, according to Fox affiliate KHON-TV.

“The Outback brand has decided to pull out of Hawaii and it’s very unfortunate that the three locations will close up,” Matsuoka said.

Staff at claimed management informed them about the Sunday closure on Saturday morning.

Vanessa Glosson, an employee at the Kailua-Kona location said she wished she had been told earlier.

“It was kind of sad that it was such short notice due that a lot of people could have been looking for jobs elsewhere at the time,” Glosson said.

Wanda Wernar, a member of staff at the Waipio branch, explained how they were informed.

“Basically we found out this morning we were closing in two days,” Wernar said on February 17.

“Tomorrow is the last day of business, we’re opening tonight for dinner, we’re opening tomorrow and that’s it that’s the last day.”

A manager at one of the final three stores alleged the reason for the closure was the rising cost of prices and utilities on the island.

Matsuoka explained that these economic conditions had proved to be difficult for many restaurants.

“Restaurants, they try their best to stay in business but the margins are so small,” she said.

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Also Read: This Massive Mall Retailer Is Now Closing In California

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Market News Today - Massive Restaurant Now Closes All Locations in One Major State.
Market News Today – Massive Restaurant Now Closes All Locations in One Major State.

Another popular restaurant now declares an unexpected bankruptcy after closing several chains in Chicago, Arizona, and California.

Etta Collective, a small chain that operates multiple concepts in Chicago, Arizona and Los Angeles has closed several restaurants and has filed for Chapter 11 bankruptcy, reports TheStreet.

The chain closed its namesake restaurant in Los Angeles last year and abruptly shut down a Chicago-area restaurant, Sophie’s, earlier this year.

Now, after defaulting on a $2.5 million loan, the company’s owner, restaurateur David Pisor, has officially made the bankruptcy filing.

Pisor’s Etta collective runs a number of different concepts including its namesake restaurants, a bakery cafe, Alston House, a high-end steakhouse, and Kari, an upscale sushi concept.

The chain also has Marilyn’s, a planned concept that has not opened.

Pisor has said that the bankruptcy filing was made in order to help the company continue to operate.

“We have made a proactive decision to commence this strategic reorganization process with the cooperation of our lender, who has agreed to work with us so that we can come out of this process even stronger than before,” Restaurant Business reported.

The bankruptcy process could include a sale of the brand as the investor John Leahy has emerged as a bidder for the company’s assets.

“Our aim is to best position the Etta brand for future success,” Pisor said in a statement.

“By filing for protection under Chapter 11, we will be able to restructure our financial position while continuing our daily operations and keeping our locations open. 

As has already happened in our Scottsdale location, we predict that we will emerge stronger both operationally and financially.”

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Also Read: Grocery Store With 217 Locations Now Closes For Good

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Market News Today - Massive Restaurant Now Closes All Locations in One Major State.
Market News Today – Massive Restaurant Now Closes All Locations in One Major State.

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