Why This 65-Year-Old Burger Chain Is Shuttering Dozens of Restaurants
The reason isn’t bankruptcy.
BY AVA LEVINSON, NEWS WRITER
(Photo by Ben Stansall/AFP via Getty Images)
A reported 77 Hardee’s locations will reportedly be closed in the next two weeks after one of its largest franchisees has failed to make payments over the last year.
The fast-food chain is suing ARC Burger, owned by High Bluff Capital Partners, because of missed payments and contract obligations, according to USA Today. ARC Burger is set to close all of its Hardee’s locations.
Since it first opened its........
