UFood Restaurant Group, the parent of UFood Grill, said the prolonged economic downturn aggravated by a pair of underperforming company stores prompted it to file for Chapter 11 bankruptcy protection. Richard Golden, the recently appointed chief executive of the Newton, Mass.-based fast-casual chain, said in a legal filing in Boston Bankruptcy Court that the company hopes to restructure “the balance sheet and return to a point of positive cash flow.” RELATED • ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to NRN we ask that you register now. We promise it will only take a few minutes!
Questions about your account or how to access content?