BBQ Chain Closes Half Its Restaurants, Files Chapter 11

It's a tough time for BBQ lovers: popular chain Munchie's has announced that it will be closing approximately half of its restaurants across the country and filing for Chapter 11 bankruptcy protection.

The decision comes after years of declining sales and increased competition from other fast-casual chains. Despite efforts to revamp their menu and marketing strategy, the company was unable to stem the tide of financial difficulties.

• Over 200 locations will be closed nationwide
• Remaining restaurants will undergo significant renovations in an effort to boost sales
• The company's CEO has stepped down, effective immediately

The news is a blow to fans of the chain's signature BBQ sandwiches and sides. However, it may also provide an opportunity for the company to rebrand and refocus its efforts.

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We'll be keeping an eye on the situation and providing updates as more information becomes available.