The buffet industry was hard-hit by the pandemic, with many family-favorites having to close their doors permanently. This ...

(Reuters) - Restaurant operator Buffets Inc filed for a pre-arranged bankruptcy on Wednesday citing an "unsustainable debt burden," marking its second bankruptcy in four years. The company filed for ...

There's nothing quite as synonymous with American culture as an all-you-can-eat buffet. A mainstay of the U.S. dining experience during the '70s and '80s, buffets were a national phenomenon. Now, in a ...

As if more evidence of a flagging economy was needed, the Minnesota restaurant chain Buffets Holdings Inc. filed for bankruptcy Tuesday after suffering months of high food and energy costs along with ...

Buffets Inc.'s $385 million bankruptcy finance package has drawn fire from creditors, including Levine Leichtman Capital Partners, a private equity investor that says the loan "comes at an exorbitant ...

Buffets Inc. is asking a bankruptcy court for permission to sell four of its restaurants for a total of nearly $5 million to several purchasers. The national restaurant chain said it planned on ...