One of America’s Largest Bakery Chains Could Be Headed for Bankruptcy

September 30, 2020 Mura Dominko, Yahoo

Bakery chains catering to urbanites have had a particularly rough year. With the morning foot traffic from commuters abruptly declining at the start of the pandemic, and a significant number of Americans transitioning to making breakfast at home, these types of businesses have seen devastating drops in sales.

NYC Company Buys Nearly 100 Beleaguered Le Pain Quotidien Outposts for $ 3M

Struggling bakery and cafe chain Le Pain Quotidien has sold all of its 98 United States locations for just $ 3 million to New York-based food brand Aurify, which operates other fast-casual spots like the Melt Shop, Fields Good Chicken, and the NYC locations of Five Guys