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Fat Brands

All articles tagged with #fat brands

Smokey Bones shutters multiple locations as bankruptcy redraws the chain
business1 month ago

Smokey Bones shutters multiple locations as bankruptcy redraws the chain

Smokey Bones BBQ abruptly closed several U.S. locations after its parent company FAT Brands filed for Chapter 11 bankruptcy in January, with Colonie, NY the first reported shutdown and others in Pennsylvania, Ohio, Michigan, Illinois and Rhode Island following. The closures come as the chain’s footprint has been rapidly contracting—from a peak of about 130 locations down to the mid‑20s by 2025—and now appear to be accelerating, despite earlier assurances the brands would remain open during restructuring. The company indicated Chapter 11 would deleverage its balance sheet and support growth, but the latest wave of closures suggests a bleaker path ahead for the brand.

DOJ Drops Multiple Cases Involving Trump Associates and Donors
politics10 months ago

DOJ Drops Multiple Cases Involving Trump Associates and Donors

The DOJ dismissed charges against Fat Brands and its chairman Andy Wiederhorn after the White House fired a career prosecutor handling the case, amid political controversy and allegations of improper influence. The case involved financial misconduct allegations, but was dropped following the prosecutor's dismissal, which was criticized as unusual and politically motivated.