Sorry, burger lovers. Fuddruckers' parent company is bankrupt.The chain, which specializes in mega-sized burgers, is closing 24 restaurants and at least 135 will remain open. The owner, Magic Brands, also operates 13 Koo Koo Roo chicken restaurants in California.We only know of one confirmed closing, in the Kansas City area. According to this list, Fuddruckers was the 108th most successful restaurant chain in the US. What went wrong?ALSO: Why Five Below Has Above-Average Ambitions: Q&A With Five Below
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