26-year-old sushi chain files for Chapter 11 bankruptcy

While the first sushi bars in the U.S. trace as far back as the 1960s and rose to nationwide popularity in the late 1990s, demand for both traditional and not-so-traditional versions of the Japanese dish continues to go strong. The latest industry estimates pin the market for grab-and-go sushi in stores at $2.8 billion and sushi restaurants at more than $17 billion. The global sushi market will grow at a CAGR rate of 7% to more than $24 billion by 2030. But while global chains like Sushiro and Kura Sush ...