Why Are So Many Jack In The Box Closing?
A state tax dispute was behind the sudden closing of Jack in the Box Thursday and most of Friday, and it was not the first time the local fast-food franchise had faced closure over unpaid taxes. ... According to the Board of Equalization, Alizadeh owes $1.5 million in delinquent state taxes.
How is Jack in the Box doing financially?
Total revenues increased 9.0% to $278.5 million, compared to $255.4 million in the comparable period ended September 27, 2020, driven by the 53rd week in 2021 and growth in same store sales.
Jack in the Box Inc. Reports Fourth Quarter and Full-Year 2021 Earnings
Is Jack in the Box going under?
ST. LOUIS — The owners of 70 Jack In The Box restaurants in Missouri and Illinois have filed Chapter 11 bankruptcy. The limited liability companies, Earth City-based Missouri Jack, Illinois Jack and Conquest Foods, made the filings Tuesday in bankruptcy court in St. Louis.
Owner of 70 local Jack In The Box restaurants files bankruptcy
Why are all the Jack in the Box closing?
Due to the health & safety of our customers, employees, and communities being our #1 concern, we will be temporarily closing all of our Jack in the Box dining-room services, effective today, until further notice. We will continue to provide drive-thru & mobile-delivery services.
Jack in the Box on Twitter: "Due to the health & safety of our customers ...
Why is Jack in the Box closing Texas?
The four Bryan-College Station Jack in the Box restaurants have temporarily closed after the franchise owner defaulted on his franchise agreement, corporate officials said. The four restaurants are among 31 Texas locations that are being taken over by the California-based corporate office. ... The restaurants closed May 1.
Area Jack in the Box restaurants closed for corporate takeover