On Border chain files for bankruptcy

Mexican food chain On The Border closes 40 restaurants, files for bankruptcy protection
On the Border Mexican Grill & Cantina filed for Chapter 11 bankruptcy protections after closing 40 restaurant locations.
On the Border files for Chapter 11 bankruptcy
Casual-dining Mexican chain On the Border filed for Chapter 11 bankruptcy on Tuesday, becoming the latest restaurant chain to seek restructuring amid a tough operating environment.
On The Border Tex-Mex chain joins list of bankrupt restaurants after closing locations across 24 states
A Chapter 11 court filing shows the popular Mexican grill and cantina is seeking to reject leases on 77 locations it had deemed underperforming. Causal dining chains had a pretty bad 2024 when it came to solvency issues.
On The Border Becomes the Latest Restaurant Chain in Bankruptcy
On The Border Mexican Grill & Cantina became the latest US casual-dining chain to file for bankruptcy amid surging labor costs, falling customer traffic and inflationary pressures.
On The Border Mexican Grill & Cantina files for bankruptcy amid nationwide closures
A popular Tex-Mex restaurant chain has filed for bankruptcy after closing multiple locations nationwide. OTB Holding LLC, the parent company of On The Border Mexican Grill & Cantina, has filed for Chapter 11 bankruptcy, according to a press release from the company.
On The Border chain files for bankruptcy; closes restaurants
This restructuring is the best path forward for On The Border. It allows us to address several financial and operational challenges and emerge stronger and refocused on our growth," the company said.
On the Border files for bankruptcy
On the Border Mexican Grill & Cantina is the latest in a growing number of chain restaurants to file for bankruptcy.
Popular Chili’s competitor and Tex-Mex chain just filed for Chapter 11 bankruptcy
Popular Tex-Mex chain On T. The brand owned by Atlanta’s Argonne Capital Group said inflation was to blame for the bankruptcy protection filing, which has been a challenge for many similar chains. On The Border said in court documents that frugal customers have chosen to visit restaurants less and save more as food prices at restaurants have surpassed those in grocery stores over the past few years.
On the Border Mexican restaurant chain files bankruptcy. What will happen to RI location?
The chain has shuttered some of its locations in recent weeks, including several in nearby Massachusetts. Which On the Border restaurants are closing? Before filing for bankruptcy
This Tex-Mex chain with a South Jersey site has filed for bankruptcy. What we know.
In court papers, the chain noted that it's been "weighed down" in recent years by inflation, with menu prices rising faster than grocery prices.
NJBIZ4d
After seeking Chapter 11, On The Border says it’s open for business
The Chapter 11 filing comes just weeks after On The Border shut 40 locations across 24 states that it deemed “financially ...
The Oakland Press on MSN2d
On The Border restaurant closes 2 Oakland County locations
The company said in a release that it voluntarily filed for bankruptcy “to drive operational improvements and pursue a sale ...