BREAKING NEWS
All-you-can-eat pizza buffet Cici’s files for bankruptcy
Read full article: All-you-can-eat pizza buffet Cici’s files for bankruptcyCici’s, the restaurant chain best known for its all-you-can-eat pizza, has filed for bankruptcy on Monday. Bankruptcy filings show Cici’s placed blame on the coronavirus pandemic and the in-person dining restrictions that came from it. Unlike other pizza chains, Cici’s struggled to make delivery possible during the pandemic due to its buffet-style dining model. According to bankruptcy filings, the chain said it had between $10 million and $50 million in assets with $50 million to $100 million in liabilities. Cici’s came to an agreement in December for its primary lender, D&G investors, to purchase the company and its $82 million in debt.