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(KGTV) – The company that operates Rubio’s Coastal Grill restaurants has filed for bankruptcy protection, citing the COVID-19 pandemic as one of the reasons for its decision.Reuters reported Monday that the Carlsbad-based company filed a restructuring plan that includes a plan to reduce its debt.The company confirmed in a statement that it “filed a prepackaged plan with the acceptance of its lenders, and voluntarily filed petitions for protection under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware.”Additionally, Rubio’s said they expect “to complete its restructuring by the end of the year." The company has 47 locations in San Diego County and more than 1,000 local employees."It was COVID that got us here, a very extraordinary situation, such as that we find ourselves in this position," co-founder Ralph Rubio said in an interview. "The great news is all of our restaurants are open, everybody is still employed, we're still operating just as we were before."Marc Simon, president and CEO of Rubio’s, said: “Rubio’s entered the year in a strong financial position, which has helped the Company remain flexible in navigating the unprecedented impact of the pandemic. The agreement with our sponsor and lenders will position the Company to thrive in this constantly evolving market. This plan will strengthen our finances and allow us to continue to serve our loyal guests and drive our business forward.”Rubio added, in a company statement: “COVID-19 has had a significant impact on Rubio’s, like most businesses, and I’m proud of how we have responded to the challenge. Our investments in critical digital technologies in 2019, including online ordering, a mobile app, a new loyalty program and Rubio’s delivery, allowed us to pivot swiftly under varying state and county restrictions. We quickly launched family meal kits and shifted to takeout, curbside pickup and free delivery operations, allowing our guests to enjoy our delicious food when and where they want it. This restructuring plan creates the long-term financial stability we need to continue to serve our communities for years to come.”Despite the bankruptcy filing, company officials said all of its more than 150 locations in Arizona, California, and Nevada will continue to operate as normal. Rubio told ABC-10 that sales plummeted in the first two months of the pandemic, but have since recovered to just single-digit percentages off from last year's sales. Legal filings show Rubio's has million to 0 million in assets, but 0 million to 0 million in liabilities.The company permanently shut down 26 locations in Colorado and Florida due to “this year’s unforeseeable business circumstances.” Those locations had been temporarily closed at the onset of the pandemic.Rubio’s, known for its fish tacos, first started as a taco stand in Mission Bay in 1983. 2914
(KGTV) - People who live and work around Carmel Mountain are having their patience tested by a road work project.San Diego Public Works began laying new asphalt on a two-mile stretch of Rancho Carmel Drive on Monday this week and so far it’s been three days of congestion for those who have to drive through the area.“This is insane,” said one driver who had been waiting for over an hour on connecting to go a few blocks.Several people told 10News they had been in traffic for up to two hours in a quarter-mile span because of the road work.In a statement SDPW wrote:In response to the increase in traffic, we have sent one of our traffic engineers to the site to assess how the traffic control can be improved to reduce the traffic impacts of the work. We want to apologize to all those that were impacted by the traffic. We expect that this particular stretch of work should be completed today, and the remainder of the paving work on Rancho Carmel Dr. should be done within a week or two, with final striping to follow.SDPW says crews will work 7 a.m. to 3 p.m. and they plan to have the Rancho Carmel Dr. project done by April 20. 1183
A 3-year-old was accidentally shot by her grandmother and suffered a grazing wound to both legs, police say.The grandmother reportedly found the gun in the house and was apparently trying to unload it.Police say her granddaughter will be OK. The grandmother is not in custody. 284
(KGTV) - Ten Navy SEALS and a sailor are being discharged after testing positive for cocaine or methamphetamines, USNI News reported Friday.The sailors failed a series of drug screenings in March and April, a spokesperson said. It’s unclear if the cases were related.The troops were assigned to East Coast Naval Special Warfare Units.“We have a zero-tolerance policy for the use of illicit drugs and as such these individuals will be held accountable for their actions. We are confident in our drug testing procedures and will continue to impress on all members of the command that illicit drugs are incompatible with the SEAL ethos and Naval service,” Cmdr. Tamara Lawrence said in a statement to USNI News. 716
(KGTV) — Labor Day weekend marks the unofficial end of summer for most San Diegans.But there's still plenty of local theme park fun to pack into the week before kids head back to school.Disneyland, SeaWorld San Diego, Legoland, and other parks still have admission discounts available for those last-minute family trips to celebrate the end of summer.Many theme parks are also running special event festivities for guests geared toward the summer and fall — you get the best of both seasons!Here's a look at this Labor Day's fun at our region's theme parks:Disneyland: There's still time to catch the Main Street Electrical Parade at Disneyland, and get a taste of this season's Halloween festivities at Disneyland. Through Aug. 30, annual passholders can get their friend into the park at a discount. The park's recently announced annual Flex pass also gives guests another option to visit.SeaWorld San Diego: Spends some of your Labor Day weekend at SeaWorld and take in the acrobatic and LED-powered Electric Ocean show, "Cirque Electrique;" the park's summer concert series; Sesame Street Party Parade; and nightly fireworks. Weekday tickets are available online for as low as .99, valid through Sept. 30, and more deals are currently running online.Legoland California: Head over to Legoland to enjoy The Lego Movie 2 Experience, the reopened Duplo Playtown, or several other Lego-themed attractions. The park is also running San Diego resident deals, where tickets are available for .99 (two parks, two days) or .99 (two parks, one park) online.Belmont Park: Summer hasn't set on Mission Beach, where there's plenty to do at Belmont Park. Beach House is hosting live music and fun through the end of the summer, and guests can still save on passes for unlimited rides and attractions, like laser tag and mini golf, online.Knott's Berry Farm: It's the perfect time to visit Knott's Berry Farm, where its guests' last chance to visit Ghost Town Alive! and relive the days of the Wild West. Sunday will also feature Labor Day fireworks. Tickets are priced as low as a day online. 2103