Chapter 11 Reorganization on the Horizon for Quiznos
Competition among U.S. restaurants has been recently increasing as newer chains expand quickly in Ohio and across the country. In today’s highly competitive restaurant industry, it takes very little for a business to face diminished cash flow, causing it to reconsider its operating strategy. Just four days after Sbarro LLC filed for Chapter 11 bankruptcy for the second time in three years, Quiznos…