Another longtime American restaurant chain is fighting to keep its doors open as mounting debt and financial losses batter the dining industry.Marmalade Café, a 36-year-old Southern California brunch favorite, filed for Chapter 11 bankruptcy protection on Sept.2, citing "rent disputes and mounting supplier debts." It owes more than $1 million to Gilmore Farmers Market, US Foods, Sysco Ventura Inc., the California Department of Tax and Fee Administration and others, according to multiple reports.The Encino-based company listed total assets of $12.7 million in the filing but reported a net loss of $680,314, according to the New York Post.LONGEST-RUNNING RED LOBSTER LOCATION IN AMERICA IS CLOSING AFTER 56 YEARSOver the years, the chain, which first opened in Santa Monica in 1990, evolved from a grab-and-go spot to offering private dining and catering to businesses including Boeing, Mattel, CBS and Warner Bros.
Studios.The Calabasas location was even a favorite of the Kardashians, according to reports.The Calabasas Marmalade Café closed after nearly 30 years as construction disrupted parking and drove down sales.
(PG/Bauer-Griffin/GC Images)It was operating just four locations across Southern California at the time of the filing after closing four others in recent years.The company cited hardships including "unsustainable financial losses and a lack of rent relief," according to the filing.BEFORE MCDONALD'S AND STARBUCKS, AMERICANS PACKED THESE ONCE-BELOVED LUNCH COUNTERSThe Calabasas restaurant closed after construction disrupted parking and drove down sales; its Santa Monica location shuttered amid losses tied to the Palisades fire; and the Original Farmers Market outpost closed after failing to regain pre-pandemic business, the Los Angeles Times reported.CLICK HERE TO SIGN UP FOR OUR LIFESTYLE NEWSLETTER"Unfortunately, the ongoing construction throughout the shopping center has resulted in a devastating decline in business," the restaurant wrote in a Facebook po...