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Home/Banking News/Restaurant Chain Now Closes Due to A Surge in Crime
Market News Today - Restaurant Chain Now Closes Due to A Surge in Crime

Restaurant Chain Now Closes Due to A Surge in Crime

By Frank Nez
March 16, 2024
2

Another restaurant chain now closes due to a surge in crime, affecting four of its five locations in a California city.

This week, Taco Bell “indefinitely” closed its dining-in option at four of its five locations in Oakland, California, forcing customers to go through the drive-thru only.

The fifth location, which is combined with a KFC restaurant, appears to be closed altogether, as it is listed as closed on the Taco chain’s website.

Following in the footsteps of the chain, Church’s Texas Chicken confirmed to SFGate that it has also shuttered its dining room.

While the chicken chain did not issue a reason for the closure, it is believed that it is due to the rampant crime in the San Francisco Bay Area.

Two Taco Bell employees told the news outlet that one location closed its dining room two months ago, and another closed theirs a year and a half ago after customer complaints.

One of the impacted Taco Bell locations is near an In-N-Out that has announced its permanent closure scheduled for March 24, due to “ongoing issues with crime.“

“Despite taking repeated steps to create safer conditions, our Customers and Associates are regularly victimized by car break-ins, property damage, theft, and armed robberies,” In-N-Out COO Denny Warnick wrote in a statement.

“They just pull up out of nowhere and it’s not like they only rob the store,” Kimberly Garibay, a Metro Wireless worker who works across the street from one of the affected Taco Bell locations, told CBS affiliate KPIX-TV.

“They rob everybody in there as well. It’s not as safe as it used to be.

There’s a lot of crime now.”

“Providing a safe environment for team members and customers is the priority at Taco Bell restaurants,” a statement issued to SFGate by the taco chain states.

“The franchise owner and operator has informed us that they are consistently evaluating and working to ensure a safe environment by implementing procedures, such as closing dining rooms, and hiring security guards, and they have taken extra measures to meet with local law enforcement.”

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Also Read: Massive Restaurant With 800 Locations Now Begins to Close Down

Other Economy News Today

Market News Today - Restaurant Chain Now Closes Due to A Surge in Crime.
Market News Today – Restaurant Chain Now Closes Due to A Surge in Crime.

Another US trucking company now files an unexpected bankruptcy in a time where the industry is seeing operations shut down.

Nationwide Cargo Inc., a general freight trucking company that also hauls fresh produce and meat, has now filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the Northern District of Illinois with plans to reorganize its business.

The East Dundee, Ill., shipping company listed $1 million to $10 million in assets and $10 million to $50 million in liabilities in its petition and said funds will not be available to pay unsecured creditors.

The company operates with 183 trucks and 171 drivers, FreightWaves reported.

Nationwide Cargo’s three largest secured creditors in the petition were Equify Financial LLC (owed about $3.5 million,) Commercial Credit Group (owed about $1.8 million) and Continental Bank NA (owed about $676,000.)

The shipping company reported gross revenue of about $34 million in 2022 and about $40 million in 2023.

From Jan. 1 until its petition date, the company generated $9.3 million in gross revenue, per TheStreet.

Earlier, California-based logistics company Wise Choice Trans Corp. shut down operations and filed for Chapter 7 liquidation on Jan. 4 in the U.S. Bankruptcy Court for the Northern District of California, listing $1 million to $10 million in assets and liabilities.

The Hayward, Calif., third-party logistics company, founded in 2009, provided final mile, less-than-truckload and full truckload services, as well as warehouse and fulfillment services in the San Francisco Bay Area.

The Chapter 7 filing also implemented an automatic stay against all legal proceedings, as the company listed its involvement in four legal actions that were ongoing or concluded.

Court papers reportedly did not list amounts for damages.

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Also Read: Another Facility in South Carolina Now Announces An Unexpected Closure

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Market News Today - Restaurant Chain Now Closes Due to A Surge in Crime.
Market News Today – Restaurant Chain Now Closes Due to A Surge in Crime.

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Frank Nez

Frank Nez is an American entrepreneur, journalist, writer, and investor. Frank's work has been cited by SEC and Congressional reports. Franknez.com is a personal finance and market news publication, dedicated to publishing content on money, investing, entrepreneurship, and retail investor news.

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  1. Frank Nez says:
    March 16, 2024 at 12:24 am

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  2. Frank Nez says:
    March 16, 2024 at 12:24 am

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