4 ms·
Rubio's was sold to a private equity firm in 2020 (https://www.nrn.com/corporate/rubios-be-sold-mill-road-91m https://www.nrn.com/corporate/rubios-be-sold-mill-
by GlibMonkeyDeath 2y ago
Rubio's was sold to a private equity firm in 2020 (https://www.nrn.com/corporate/rubios-be-sold-mill-road-91m https://www.nrn.com/corporate/rubios-be-sold-mill-road-91m) in their first bankruptcy. This is their second bankruptcy.
I went to a Rubio's a couple years ago - the quality was abysmal, nearly inedible, and prices were high. In the before times (before private equity took over), Rubio's was actually pretty good and quite affordable. It was clear the new owners tried to over-optimize their supply chain, because the food became hot (not even hot most of the time) garbage.
Good riddance to them in this current form.