BAKERSFIELD, Calif. — If you are a fan of Marie Callender's pies, we have some bad news for you. The parent company, Perkins & Marie Callender’s Holding LLC, has filed for Chapter 11 bankruptcy and plans to sell of most of it's assets. As a result, the Marie Callender's located at 2631 Oswell St. has permanently closed.
The location on California Ave. was not among those listed as closing.
In a press release, the company said they have "closed 10 Perkins and 19 Marie Callender’s underperforming locations. All remaining restaurants will be open and operating as usual and guests can expect to continue to enjoy the great food and hospitality for which Perkins and Marie Callender’s are known."
“Our intention moving forward is to minimize disruptions and ensure that the sale process is as seamless to our guests, employees, and vendors as possible,” said Jeff Warne, President & CEO of Perkins & Marie Callender’s, LLC.
According to Reuters , "In a court filing, Chief Executive Jeffrey Warne said falling sales 'across the family-dining and casual-dining industries' in 2017 and 2018, 'elevated' commodity prices, rising minimum wages and 'an increasingly tight labor market' were factors leading to the bankruptcy of Perkins & Marie Callender’s."
Bloomberg Law reports the company "owes its lenders more than $100 million. It’s the second bankruptcy for the chain, which emerged from its last round of court protection in 2011."
In addition to Bakersfield, other California Marie Callender's locations closing include: Arcadia, Placentia, Buena Park, Northridge, Fresno, Escondido, Whittier, Citrus Heights, Corona, Torrance, Modesto, Chula Vista, Ontario, Victorville, Westminster, and Fresno. Two locations in Utah (Salt Lake City and Layton) also closed.