Shari's Restaurant Chain Files for Chapter 11 Bankruptcy Amid Rising Costs

Lena Brands LLC, owner of the Shari's restaurant chain, filed for Chapter 11 bankruptcy on May 15 to reorganize its business. The company closed 86 locations and now operates nine in California, Idaho, and Washington amid rising labor and food costs that have hurt the broader restaurant industry.

By Kirk O’Neil Tue, May 19, 2026 at 11:47 PM GMT+3 3 min read · Yahoo Finance · May 19, 2026, 20:47 UTC

Shari's Restaurant Chain Files for Chapter 11 Bankruptcy Amid Rising Costs

Tickers: $DENN

Topics: Chapter 11 inflation impact restaurant closures

Read the full article at Yahoo Finance

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