https://www.live-feeds.com/feed/true-food-kitchen-files-for-bankruptcy-plans-to-close-12-restaurantsContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/true-food-kitchen-files-for-bankruptcy-plans-to-close-12-restaurantshttps://www.live-feeds.com/feed/true-food-kitchen-files-for-bankruptcy-plans-to-close-12-restaurants#u112208Fri, 09 Oct 2026 13:36:06 +0000Health food chain True Food Kitchen filed for Chapter 11 bankruptcy protection and shut down a dozen restaurants across the country. The Scottsdale, Arizona-based business entered the court proceedings holding roughly $1.6 million in unrestricted cash alongside $42 million in debt. The closures cut the company's operating footprint down to 34 locations spanning 14 states. Leadership is pursuing a sale or recapitalization process funded by a $20 million debtor-in-possession financing package from an affiliate of equity holder HumanCo.Why it mattersFounded by Sam Fox, the restaurant chain e