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The Independent UK
The Independent UK
World
Owen Scott

Restaurant chain files for bankruptcy and blames the rising cost of food and workers for its financial woes

A major restaurant chain with over 30 locations across the United States has filed for bankruptcy, blaming skyrocketing food and labor costs for its financial woes.

M&M Custard LLC, one of the largest franchise operators for Freddy’s Frozen Custard and Steakburgers, has locations across six states and had announced ambitious plans to expand throughout Chicago just three years ago.

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