Bertucci’s, a casual dining chain, filed for bankruptcy protection under Chapter 11 for the third time last week, citing a decline in consumer spending at the dining concept and the economic downturn.
Prior to this bankruptcy filing, the chain closed seven of its locations, leaving it with 15 operating stores. This follows its second bankruptcy in 2022, which resulted in a reduction to 23 units.
The company attributed President Trump’s macroeconomic policy, in part, to the weak consumer demand and rising input costs experienced this year, despite the remaining units showing the brand’s recovery since the end of Covid-19 pandemic restrictions.
“As a result, several of the Debtor’s locations have failed to recover and continue to operate at a loss,” management said in a summary.
As part of the filing, the brand is shifting its focus to the fast-casual offshoot concept Bertucci’s Pronto, adapting to the current economic climate, with a preference for to-go options over dine-in choices.
Founded in 1981, the pizza and Italian restaurant Bertucci’s filed for bankruptcy in 2018, 2022, and again this year, resulting in the closure of seven stores. This left its remaining locations in Delaware, Maryland, Pennsylvania, Virginia, Connecticut, and Massachusetts.