NEW YORK--(BUSINESS WIRE)--Two potential bankruptcies are a warning sign of financial distress among restaurant chains, according to Fitch Ratings. We do not view them as portending a widespread increase in bankruptcies of U.S. restaurants but a reflection of difficulties faced by brands that have lost their competitive position and relevancy with consumers. Quizno's and Sbarro, LLC, two privately held mid-sized restaurant chains struggling to grow sales for years, are reportedly in the process
Reported by Business Wire 2 hours ago.
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