BurgerFi files for Chapter 11 bankruptcy: Will it close more restaurant locations?
The fast-casual chain, which already closed a number of underperforming locations, emphasized that it will continue normal operations during the bankruptcy process.
BurgerFi International, the parent company of Anthony’s Coal Fired Pizza & Wings and fast-casual “better burger” chain BurgerFi, has filed for Chapter 11 bankruptcy to address financial challenges and stabilize its business.