CB Holding Corp. said it has closed 29 of its 49 Charlie Brown’s Steakhouse restaurants and 19 of its 30 Bugaboo Creek Steak House units. Mountainside, N.J.-based CB Holding gave no reasons for the move in a Nov. 15 statement, and officials did not return requests for comment. However spokesman Rich Covey told Pennsylvania’s The Patriot-News that “underperforming restaurants” were targeted and that those units employed a total of about 1,400 people. The closed Charlie ...
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