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Food prices have gone up over the past year, which has made everything more expensive includingfast food.
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“This is a challenging situation for the QSR market.
Here are seven fast-food chains struggling to survive.
eeges
eeges, a Southern Arizona staple since 1971, shuttered five restaurants and filed for Ch.
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11 bankruptcy in December.
Customers claim that everything went downhill after the company was sold to39 North Capital, an investment firm.
The company blames “value perception,” noting it as a major challenge.
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According to Kobza, the decline was a result of the lack of value menu items.
Same-store sales declined 4.8% in Q3 of 2024.
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