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The past year has been brutal in the restaurant world.
Sticky Fingers
Due to various factors, mainly inflation, 2024 saw themost restaurant bankruptcies in decades, minus 2020.
Now, just a few months into 2025, a few restaurants have already filed for Chapter 11 bankruptcy.
Sticky Fingers, a South Carolina-based barbeque restaurant, is the latest chain to suffer financial distress.
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The brand changed ownership many times.
The company began closing restaurants.
Since then, two more have opened.
Sticky Fingers
According to data, the chain operates half as many restaurants as it did at the end of 2023.
Red Lobster Filed for Bankruptcy in May 2024
Another large chain who filed for bankruptcy in 2024?
In theirChapter 11 bankruptcy, they revealed that 580 restaurants would remain open through the restructuring process.
Sticky Fingers
“This restructuring is the best path forward for Red Lobster.
It allows us to address several financial and operational challenges and emerge stronger and re-focused on our growth.
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