The Spokane Valley Marie Callender's restaurant is one of more than 60 shut down this past weekend as parent firm, Perkins & Marie Callender’s Inc. filed for Chapter 11 bankruptcy protection.
A release noted that the chain expects to close 65 stores and lay off 2,500, roughly 20 percent of its work force of 12,350.
There are four area Perkins restaurants — two in Spokane, one in Spokane Valley, one in Coeur d’Alene that are locally owned franchises which will stay open.
Documents filed with the United States Bankruptcy Court in Delaware indicated the company could not afford to build new restaurants and upgrade existing ones, so it lost traffic to better funded restaurant competitors.
The Spokesman-Review business team follows economic development in Spokane and the Inland Northwest.
Tom Sowa Tom Sowa covers technology, retail and economic development and writes the Office Hours blog.
Recent work by Tom
John Stucke John Stucke's primary coverage areas include health care, agriculture and the labor market.
Recent work by John
Becky Kramer Becky Kramer covers the environment, natural resources and utilities.
Recent work by Becky
Alison Boggs Online Producer Alison Boggs posts and manages content on spokesman.com and its social networking accounts.
Recent work by Alison
Scott Maben Scott Maben is a Deputy City Editor who covers North Idaho news and higher education.
Addy Hatch is the city editor, and formerly was business editor.
999 W. Riverside, Spokane, WA 99201
P.O. Box 2160, Spokane, WA 99210
Main switchboard: (509) 459-5000 • (800) 338-8801
Newsroom: (509) 459-5400 • (800) 789-0029
Customer service: (800) 338-8801
© Copyright 2013, The Spokesman-Review
Terms of use • Privacy policy • Copyright policy
Spokane7
49°
Get blog updates by email
Sign up for our business email newsletter
Please keep it civil. Don't post comments that are obscene, defamatory, threatening, off-topic, an infringement of copyright or an invasion of privacy. Read our forum standards and community guidelines.
You must be logged in to post comments. Please log in here or click the comment box below for options.
comments powered by Disqus« Back to Office Hours