Business
Cici’s files for bankruptcy as pandemic accelerates the decline of the all-you-can-eat buffet – CNBC
Cici’s has filed for Chapter 11 bankruptcy and announced its sale to D&G Investors, its primary lender.
Buffet chain Cici’s has filed for Chapter 11 bankruptcy protection and announced its sale to D&G Investors, its primary lender.
While the coronavirus pandemic has lifted sales for pizza chains like Papa John’s, Domino’s Pizza and Yum Brands’ Pizza Hut, buffet-style restaurants like Cici’s saw their sales plunge. All-you-can-eat establishments were already struggling before the crisis, but dining restrictions and consumers’ heightened concern over cleanliness accelerated their decline.
Cici’s and…
