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Golden Corral

Financing

Family dining looks for transformation after 2020’s struggles

The sector’s biggest players indulged in considerable reinvention attempts as they felt the loss of breakfast and particular challenges at off-premise.

Topics

Golden Corral's largest franchisee finds buffets getting a second life

Eric Holm, whose company has emerged from bankruptcy, said his surviving units are approaching where they were in 2019.

A buffet extending through several time zones isn’t the only distinguishing feature of the brand. Here are some attributes that may be unfamiliar even to hardcore fans.

Platinum Corral permanently closed 16 of its 28 units. It is the second large franchisee of the buffet chain to seek debt protection since the start of the pandemic.

Cue the 'Twilight Zone' theme and hide the kids. Things are getting weird.

The buffet chain said it is reinventing its operations for the age of coronavirus.

CEO Lance Trenary joins the RB podcast “A Deeper Dive” this week to discuss the chain’s numerous responses to the pandemic, including alcohol and drive-thrus.

Eric Holm's 1069 Restaurant Group has run up a debt of $49.7 million. Only six of its 33 units are open.

The chain is gradually reopening restaurants with cafeteria-style dining and some family-style service.

As restaurants reopen, many regulations explicitly forbid buffets and self-service. That could require massive changes at buffet concepts, or their end altogether, says RB’s The Bottom Line.

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