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restaurant industry

Freddy’s Frozen Custard Franchisee M&M Custard Files Chapter 11, Putting 32 Dairy Queen Rival Locations at Risk

Freddy’s Frozen Custard Franchisee M&M Custard Files Chapter 11, Putting 32 Dairy Queen Rival Locations at Risk

OVERLAND PARK, Kan. — One of the largest operators of Freddy’s Frozen Custard & Steakburgers has filed for Chapter 11 bankruptcy protection, sending fresh shockwaves through the already-stressed frozen dessert and fast-casual sector on Sunday, November 16, 2025. M&M Custard LLC, an Overland Park–based franchisee that runs 32 Freddy’s locations across six states, submitted its voluntary Chapter 11 petition to the U.S. Bankruptcy Court for the District of Kansas on Friday, November 14. Court filings show roughly $5–$5.2 million in assets against about $27.7–$28 million in liabilities, and list between 100 and 199 creditors.  The Sun+3ET Now+3The Economic Times+3 The case
16 November 2025
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Chipotle Stock Tumbles on Third Forecast Cut — Can the Burrito Chain Bounce Back?

Chipotle Stock Craters After Tepid Q3 Earnings – What’s Next for CMG?

Disappointing Q3 & Guidance Trim Drag Shares Chipotle’s official earnings release confirmed a mixed quarter. Revenue rose to $3.0 billion (+7.5% YoY) but narrowly missed expectations (~$3.03 billion), as comp sales growth (0.3%) failed to offset weaker traffic ts2.tech ir.chipotle.com. EPS came in at $0.29 (GAAP and adjusted), beating last year’s $0.28 ir.chipotle.com but just matching analysts’ consensus marketbeat.com. The report noted softer transactions – partly self-inflicted and largely driven by budget-conscious consumers – among households earning <$100k (40% of Chipotle’s sales) and 25–35-year-olds. CEO Scott Boatwright acknowledged “a massive pullback of our core audience,” saying “we’re not losing [those customers] to
30 October 2025
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Mexican Dining Crisis: Beloved Chains File Bankruptcy and Close Doors as Industry Hits Breaking Point

Mexican Dining Crisis: Beloved Chains File Bankruptcy and Close Doors as Industry Hits Breaking Point

In summary, a squeeze on mid-tier Mexican chains is underway: beloved sit-down restaurants are shuttering locations or reorganizing under bankruptcy, even as fast-casual Mexican concepts (like Chipotle) remain popular. Oversupply of similar full-service concepts, plus inflation and labor costs, have forced chains like Abuelo’s to downsize dramatically ibtimes.co.uk calcoasttimes.com. Experts say the fallout is a wake-up call – legacy diners must adapt or consolidate. On the bright side, overall demand for dining out is not collapsing (Sysco reports only a ~1% dip in traffic industry-wide ts2.tech), and consumer surveys show that most people still enjoy eating at restaurants restaurant.org. If
12 October 2025
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