Financing
The unfortunate demise of Smokey Bones
The Bottom Line: The barbecue chain officially shut down amid the bankruptcy of parent company Fat Brands. But its doom was assured when the brand operator bought the chain.
Financing
Smokey Bones to close 15 underperforming locations
The casual-dining barbecue chain will be left with 26 restaurants, while another 19 are being converted to sister brand Twin Peaks. It also named a new president.