Popular burger chain files for bankruptcy and sparks fears of mass closures

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Popular burger chain files for bankruptcy and sparks fears of mass closures

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The popular southern burger chain Hwy 55 Burgers, Shakes & Fries has filed for bankruptcy, sparking fears of mass closures. The Little Mint, Inc. - the parent company of the restaurant - headquartered in Mount Olive, North Carolina, filed its petition on December 31, citing financial distress and labor shortages from the effects of the Covid-19 pandemic. The company operates 22 corporate-owned locations and an additional 71 franchised locations in North Carolina, South Carolina, Tennessee, Alabama and Georgia.
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