Rubio’s Coastal Grill Files for Bankruptcy

Published on June 6, 2024

LOS ANGELES—Rubio’s Coastal Grill, which originated in San Diego and has locations across the Southland, announced June 5 it is filing for Chapter 11 bankruptcy, citing rising costs in California. As part of the bankruptcy announcement, the company said it has closed 48 “underperforming” California locations, including 24 in the Los Angeles area. Another 86 locations in California, Arizona, and Nevada will continue normal operations. “Making the decision to close a store is never an easy one,” the company said in a statement. “While painful, the store closures are a necessary step in our strategic long-term plan to position Rubio’s for success for years to come. The closings were brought about by the rising cost of doing business in California.”...

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