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Can’t say we didn’t see this coming.
We haven’t actually stepped foot inside of a Marie Callender’s since sometime around 1998 but we have heard the restaurant chain has been slowly going down hill for quite sometime — our grandmother was the source.
Get the rest of the pie after the jump.
A total of 58 Marie Callender’s were shut down over the weekend including all seven Arizona restaurants. The owners, Perkin’s Marie Callender’s Inc., who are reportedly about $150 million in debt, recently filed for Chapter 11 bankruptcy and stated in today’s press release that the closures are “part of a strategic effort to improve restaurant operation.”
The decision to close the stores was based on current market conditions and the performance history of each individual location. More closures will take place throughout the bankruptcy proceedings but for now 89 of the home-style restaurants will remain open.
Let’s just hope this little bankruptcy hiccup doesn’t affect our ability to get their guilty-pleasure worthy pot-pies from our local grocery freezer.
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