Chi-Chi's plans new restaurants more than 20 years after its bankruptcy

Associated Press Finance12-06

Chi-Chi’s is making a comeback. The Mexican chain said this week that it plans to open some new restaurants next year. The locations would be the first since Chi-Chi’s filed for bankruptcy protection ...

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The locations would be the first since Chi-Chi’s filed for bankruptcy protection ...</p>\n\n<a href=\"https://finance.yahoo.com/news/chi-chis-plans-restaurants-more-210623652.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chi-Chi's plans new restaurants more than 20 years after its bankruptcy</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChi-Chi's plans new restaurants more than 20 years after its bankruptcy\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-06 05:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/chi-chis-plans-restaurants-more-210623652.html><strong>Associated Press Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Chi-Chi’s is making a comeback.\nThe Mexican chain said this week that it plans to open some new restaurants next year. The locations would be the first since Chi-Chi’s filed for bankruptcy protection ...</p>\n\n<a href=\"https://finance.yahoo.com/news/chi-chis-plans-restaurants-more-210623652.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4585","symbol_name":"ETF&股票定投概念","start_time":0,"source_url":"https://finance.yahoo.com/news/chi-chis-plans-restaurants-more-210623652.html","article_id":"2489419842","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/XU9262BAM0C9EkoedCfXDQ--~B/aD0xMzEyO3c9MjAwMDthcHBpZD15dGFjaHlvbg--/https://media.zenfs.com/en/ap_finance_articles_694/40bcb499b00f4115f3b05cafabaebcb7"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2489419842","pubTimestamp":1733432783,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"The Mexican chain said this week that it plans to open some new restaurants next year. The locations would be the first since Chi-Chi’s filed for bankruptcy protection in 2003.Michael McDermott, the son of Chi-Chi’s founder, said he struck an agreement with Hormel Foods to open the restaurants. Austin, Minnesota-based Hormel owns the Chi-Chi’s trademark and produces Chi-Chi’s-branded chips and salsas.\"The Chi-Chi's brand is one of the most beloved, respected, and well-known names in the Mexican food category,\" Hormel said Thursday in a statement. “The legacy and spirit of the brand remain strong, and we’re excited about the upcoming relaunch of Chi-Chi's restaurant locations.”Chi-Chi’s was founded in 1975 by Marno McDermott and former Green Bay Packers player Max McGee. It grew rapidly in the 1990s, reaching more than 200 locations nationwide. But by 2003 it had filed for bankruptcy after going through a series of ownership changes and struggling with increasing competition.The last Ch","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4585":"ETF&股票定投概念","BK4588":"碎股","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4504":"桥水持仓","BK4212":"包装食品与肉类","HRL":"荷美尔"},"translate_title":"Chi-Chi's破产20多年后计划开设新餐厅","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"HRL":0.9},"content_text":"Chi-Chi’s is making a comeback.\nThe Mexican chain said this week that it plans to open some new restaurants next year. The locations would be the first since Chi-Chi’s filed for bankruptcy protection in 2003.\nMichael McDermott, the son of Chi-Chi’s founder, said he struck an agreement with Hormel Foods to open the restaurants. Austin, Minnesota-based Hormel owns the Chi-Chi’s trademark and produces Chi-Chi’s-branded chips and salsas.\n\"The Chi-Chi's brand is one of the most beloved, respected, and well-known names in the Mexican food category,\" Hormel said Thursday in a statement. “The legacy and spirit of the brand remain strong, and we’re excited about the upcoming relaunch of Chi-Chi's restaurant locations.”\nMcDermott, a restauranteur who also founded Kona Grill and Rojo Mexican Grill, didn’t say how many locations he planned to open or where. McDermott said the restaurants would be an updated version of the classic Chi-Chi's.\n“We have seen the impact our restaurant has had on individuals and families across the country and believe there is a strong opportunity to bring the brand back in a way that resonates with today’s consumer,” McDermott said in a statement.\nChi-Chi’s was founded in 1975 by Marno McDermott and former Green Bay Packers player Max McGee. It grew rapidly in the 1990s, reaching more than 200 locations nationwide. But by 2003 it had filed for bankruptcy after going through a series of ownership changes and struggling with increasing competition.\nAround the time of its bankruptcy filing, Chi-Chi’s reputation was also married by a hepatitis A outbreak at one of its restaurants in Pennsylvania. The outbreak, linked to the green onions it used as a garnish and in its salsas, killed four people and sickened 660.\nThe last Chi-Chi’s closed its doors in 2004.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2489419842"}