Joes Crab Shack Files Bankruptcy
Sad news for those of you who enjoy eating at Joe’s Crab Shack The restaurant is reportedly filing for bankruptcy.
Yikes! All of (the parent group) Ignite’s subsidiaries, Joe’s Crab Shack included, filed Chapter 11. This means that Joe’s will have 60 to 90 days to sell their assets.
The Restaurant Group announced that it will sell Joe’s Crab Shack and Brick House Tavern + Tap Brands.
The only good news is that during this period, the seafood chain will still accept gift cards and coupons.