By Michele Chandler
Mercury News
Struggling with too few customers and mounting losses, Bay Area restaurant chain Fresh Choice has shuttered some of its eat-all-you-want buffets and filed for bankruptcy protection from creditors.
Analysts blamed Fresh Choice's troubles at least partly on the public's appetite for low-carb meals, which the chain has only recently added to the menu. Morgan Hill-based Fresh Choice closed 10 of its 56 restaurants last week, including a 7-month-old location in San Jose at the Westfield Shoppingtown Valley Fair mall. A restaurant in Richmond's Hilltop Mall also was shuttered."
``We firmly believe that upon emerging from Chapter 11, Fresh Choice will be stronger in terms of cash flow and operating flexibility,'' said Jefferson.
There is a new twist that has affected a lot of businesses (failure by carbohydrates). You just never know what might cause one of your customers to file for bankruptcy protection.
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