Sizzler USA, one of America's first casual restaurant chains has filed for chapter 11 bankruptcy protection as it struggles amid the pandemic.
The filing covers Sizzler's 14 company-owned restaurants, not its international locations or more than 90 franchised restaurants in the US.
BANKRUPTCY PROTECTION AS ITSTRUGGLES AMID THE PANDEMIC.THE FILING COVERS SIZZLER'S 14COMPANY-OWNED RESTAURANTS --NOT ITS INTERNATIONAL LOCATIONS- - OR MORE THAN 90 FRANCHISEDRESTAURANTS IN THE U-S.SIZZLER SAYS IT'S USING THEBANKRUPTCY PROCESS TO REDUCEDEBT AND RENEGOTIATE ITSLEASES.REPLACING AN ICON.