According to wtop.com, "Matchbox was forced into bankruptcy reorganization largely due to the negative impact the coronavirus pandemic has had on the restaurant industry. Thompson Hospitality said the reorganization has enabled it to deleverage its balance sheet and rationalize its store footprint. “Never before have we experienced such trying times in the restaurant industry and the fact that this brand will continue to live on is one bright spot during these unprecedented times,” said Warren Thompson, president of Thompson Hospitality."
As per wtop.com, "Matchbox will open several new locations — though the new restaurants will be smaller, averaging less than 4,000 square feet, and will increase focus on delivery and takeout. New locations include Reston Metro Plaza at the Wiehe-Reston East Metro station, at Northwest D.C.’s Cathedral Commons replacing the former Grilled Oyster Co. restaurant, and in Fort Lauderdale, Florida. It will seek franchise partners for adding new locations."
Matchbox Food Group has emerged from reorganization under new ownership and with plans to open new locations. Reston, Virginia-based Thompson Hospitality now owns the Matchbox chain which has been managing Matchbox restaurants for the past two years.
According to wtop.com, "Matchbox was forced into bankruptcy reorganization largely due to the negative impact the coronavirus pandemic has had on the restaurant industry. Thompson Hospitality said the reorganization has enabled it to deleverage its balance sheet and rationalize its store footprint. “Never before have we experienced such trying times in the restaurant industry and the fact that this brand will continue to live on is one bright spot during these unprecedented times,” said Warren Thompson, president of Thompson Hospitality."
As per wtop.com, "Matchbox will open several new locations — though the new restaurants will be smaller, averaging less than 4,000 square feet, and will increase focus on delivery and takeout. New locations include Reston Metro Plaza at the Wiehe-Reston East Metro station, at Northwest D.C.’s Cathedral Commons replacing the former Grilled Oyster Co. restaurant, and in Fort Lauderdale, Florida. It will seek franchise partners for adding new locations."
According to wtop.com, "Matchbox was forced into bankruptcy reorganization largely due to the negative impact the coronavirus pandemic has had on the restaurant industry. Thompson Hospitality said the reorganization has enabled it to deleverage its balance sheet and rationalize its store footprint. “Never before have we experienced such trying times in the restaurant industry and the fact that this brand will continue to live on is one bright spot during these unprecedented times,” said Warren Thompson, president of Thompson Hospitality."
As per wtop.com, "Matchbox will open several new locations — though the new restaurants will be smaller, averaging less than 4,000 square feet, and will increase focus on delivery and takeout. New locations include Reston Metro Plaza at the Wiehe-Reston East Metro station, at Northwest D.C.’s Cathedral Commons replacing the former Grilled Oyster Co. restaurant, and in Fort Lauderdale, Florida. It will seek franchise partners for adding new locations."
