Popular Cajun restaurant chain files for bankruptcy in Texas

Razzoo’s Cajun Cafe filed for Chapter 11 bankruptcy protection on Wednesday, Oct. 1, according to filings in the Southern District of Texas in Houston. In federal court documents obtained by USA TODAY, Philip Parsons, Razzoo’s CEO, said the decision to file for bankruptcy comes after declining sales as well as shifts in consumer spending, diner preferences for convenience and other factors. “Thus, the (Razzoo’s Cajun Cafe's) sales have continued to be unfavorable to forecasts in light of the heavy comp ...