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The owner of the Joe's Crab Shack casual dining chain filed for Chapter 11 bankruptcy on Tuesday amid falling sales, and plans to sell the company for at least $50 million to a private equity firm, according to a court filing.Ignite Restaurant, which also owns the Brick House Tavern + Tap chain, has been closing weaker locations and began to pursue a sale of the business last year, according to court documents....http://www.cnbc.com/2017/06/06/joes-crab-shack-owner-ignite-files-for-bankruptcy.html
Guess the YMCA dance gig by men cavorting as the Village People just did not go over all that well after all with normal people.