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Corner Bakery

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The company that bought Corner Bakery has sued Boston Market

 By Jonathan Maze on Aug. 20, 2024

SSCP Restaurant Investors, which bought Corner Bakery last year, is accusing former owner Jay Pandya and his Boston Market chain of "shocking, systemic breaches of fiduciary duties."

Financing

Inside the turnaround at Corner Bakery

 By Jonathan Maze on Mar. 15, 2024

The fast-casual brand was in freefall before it filed for bankruptcy last year. But improved operations and marketing, and a lot of hard work, have helped the chain turn the corner.

Financing

What Corner Bakery's new owners saw in the brand

By Jonathan Maze on Mar. 13, 2024

A Deeper Dive: Chris Dharod, CEO of the fast-casual chain, joins the podcast to discuss its comeback from last year’s bankruptcy filing.

Financing

Corner Bakery moves forward under its new owner

By Jonathan Maze on Feb. 14, 2024

The fast-casual chain, which emerged from bankruptcy last year, says its sales have surged in recent months. It has brought on new executives and expects to open units this year.

Financing

For Boston Market, another ugly chapter could be its last

By Jonathan Maze on Sep. 13, 2023

After years of steady decline, the fast-casual brand appears to be in a death spiral of unpaid bills, legal filings and angry customers. Even in a world as forgiving as restaurants, it may be impossible for the chain to come back.

Financing

Corner Bakery employees thought they had a savior. They got something else

By Jonathan Maze on Sep. 12, 2023

Jay Pandya took over Corner Bakery during the pandemic in 2020. He demanded tough cost cuts, and refused to pay bills. Employees left in droves. Workers were locked out of stores. And the company’s lender accused him of using the company as a “piggy bank.”

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Inside the chaotic world of the owner of Boston Market

By Jonathan Maze on Sep. 11, 2023

Jay Pandya has long portrayed himself as a “business tycoon,” with restaurant and real estate holdings along the East Coast, before he bought Boston Market and Corner Bakery. But that history is filled with lawsuits, unpaid bills and allegations that he bilked investors.

Financing

An Applebee's franchisee is buying Corner Bakery for $15M

By Jonathan Maze on Jun. 02, 2023

SSCP Management, owner of Roy’s and a co-owner of Cici’s, won a bankruptcy auction for the fast-casual bakery/café chain.

Financing

Former Famous Dave's investor makes a $12M bid for Corner Bakery

By Jonathan Maze on May 23, 2023

The hedge fund Wexford Capital, including Famous Dave’s former CEO Jeff Crivello, has an opening bid in an auction for the fast-casual bakery-cafe chain.

Financing

Corner Bakery declares bankruptcy

By Jonathan Maze on Feb. 24, 2023

The struggling fast-casual bakery-café restaurant chain sought Chapter 11 debt protection as a creditor moved to take control of the company.

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