2. Ovation Brands
The owner of Hometown Buffet, Old Country Buffet, and other all-you-can-eat restaurants has declared bankruptcy three times in the last nine years. It also had to pay a Nebraska man more than $11 million when he got salmonella poisoning at a buffet location.
Between the lawsuit and the poor strategy of selling a lot of food for little money, Ovation Brands recognizes it’s in trouble. They face a more recent lawsuit from former employees who allege that Ovation gave no advance notice before closing many locations and eliminating their jobs.
Next: This restaurant hasn’t recovered from a data breach.