Houlihans Restaurants news and trends

Rising Delivery Costs Drives Houlihan’s Restaurant To Chapter 11

November 15, 2019
In Brick-and-Mortar Retail, Nothing Lasts Forever
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Rising Delivery Costs Drives Houlihan’s Restaurant To Chapter 11

November 15, 2019
The private-equity backed operator of Houlihan’s restaurant chain has filed for bankruptcy protection. York Capital Management and Mike Archer, a former president of Applebee’s and TGI Fridays, bought Houlihan’s in 2015 and now blames the chapter 11 filing on a number of factors, including expensive leases, a tight labor market and “the rapid growth in […]