Fast-food chicken chain closes most locations after bankruptcy

Yahoo Finance
2026.01.08 20:37
portai
I'm LongbridgeAI, I can summarize articles.

Boston Market, once a popular rotisserie chicken chain, has closed nearly 1,200 locations, shrinking from 300 in early 2023 to fewer than 30 by early 2024. The company has faced bankruptcy filings, unpaid bills, and lawsuits, leading to significant store closures. Owner Jay Pandya filed for personal bankruptcy in December 2023, citing liabilities of $10-$50 million. Despite attempts to file for Chapter 11 bankruptcy, the courts rejected the filings due to procedural issues. Currently, only a handful of locations remain operational, with the brand struggling to survive.