Fatburger Divisions File For Bankruptcy, While CPK Booms

Categories: News

Seems we're not even buying burgers any more.

On the other hand, maybe we're starting to think that it's not all doom and gloom, and that we might live beyond 2010.

Two divisions of the struggling Fatburger chain, Fatburger Restaurants of California and Fatburger Restaurants of Nevada, have both filed for Chapter 11 bankruptcy protection.

There's no talk so far of locations shuttering, and parent company Fog Cutter Capital Group, which has been struggling to repay loans, says the move will hopefully allow the company to ride out the storm, as leases can now be renegotiated.

pizza1.jpg
California Pizza Kitchen, meanwhile, is enjoying  healthy sales, thanks to aggressive cost-cutting measures. Average spending at CPK restaurants has increased by one-fifth over the last year, the company has announced.

What next? Boomtime at Souplantation, as we all start to believe in Obama's "glimmers of hope"?

Like this Story?

Sign up for the Dining Newsletter: The week's top local food news and events, plus interviews with chefs and restaurant owners, dining tips, and a peek at our print review.

Privacy Policy
Sign up for free stuff, news info & more!

Tools

Browse Voice Nation
  • Voice Places

    Voice Places

    Discover restaurants, nightlife, travel, shopping...

  • VOICE Daily Deals

    VOICE Daily Deals

    Get 50 to 90% off every day on restaurants, movies, massages...

  • Best Of

    Best Of...

    More than 10,000 of the BEST things to eat, drink, and experience

  • My Voice Nation

    My Voice Nation

    Join the Village Voice community and get exclusive deals and info

  • Happy Hour

    Happy Hour

    Your local Happy Hour guide at your fingertips

or

Log in or Sign up

Social Connect:

Use your favorite account to access My Voice Nation.


Use your My Voice Nation account to log in:





Forgot password?
or

Sign Up or Log in

Social Connect:

Sign up for My Voice Nation with your preferred network.


Sign up for a My Voice Nation account:



Privacy policy