Last updateWed, 18 Oct 2017 10am

Business & Real Estate

Business Brief

Marie Callender’s remains open despite bankruptcy news

With last week’s announcement of Perkins & Marie Callender’s Inc. Chapter 11 filing, diners at the Marie Callender’s on El Camino Real in Los Altos were worried that the restaurant would be closing. Not so.

“We’re a franchise,” said Mark Wagner, assistant manager. “We’re not going anywhere.”

The corporate move comes weeks on the heels of the Bay Area-based A.G. Ferrari’s filing, with several stores closing under that bankruptcy. Los Altos’ Main Street location remains open for business.

Several of the corporate-owned Marie Callender’s closed down overnight following the company’s June 13 bankruptcy filing and subsequent reorganization.

“We are not affected by this at all,” Wagner said.

Still, customers were concerned, many calling the restaurant to ask about its status.

“All our regulars got worried that we were closing, and that was nice to hear,” Wagner said. “We’re ready to sell some pies.”

The Cravery closes

It is unclear exactly when the Cravery at 378 Main St. shut its doors – owners Mouli and Ranji were not available for comment before press time. However, Cravery CEO Brian Khoddam said several of the restaurant’s six locations in California – one in Los Altos, another in San Francisco and four in Southern California – faced a major economic downturn.

“Tough economic times and other circumstances out of our control forced us to exit the restaurant business,” Khoddam said. “For the past two years, Los Altos was operating as an independent operator with no affiliation to the original Cravery, but we allowed them to use the name.”

Popular for its pot pies, Khoddam said the company is now focusing on launching its pies in Northern California Costco stores. He’s hoping the Cravery’s BBQ Chicken pot pie will be available at the stores in approximately six weeks.

“It was a very sad and a difficult transition,” Khoddam said.

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