Written by Emily Powers
Eating the delicious pie at Bakers Square is going to be a lot harder now that the company has closed the restaurant in seven locations out of the blue. On January 24, one of the best pie places in Springfield permanently closed their restaurant. Baker Square’s owners have closed 56 restaurants because the rising cost of food started to hurt the business. The company will receive $60 million in debtor-in-possession financing.
Sadly there are now only 343 restaurants left, leaving the company with only 11,000 employees. Apparently employees were not told in advance they were closing down the restaurant. This restaurant has served happy customers since 1993. You can find Bakers Square other than Springfield in places such as Chicago, Gurnee, Alsip, and Lansing, Illinois. Bakers Square once had a large presence in California with over 90 locations and competed directly with other restaurants. Bakers Square has been open since the early 1970’s.
The restaurant first started in Iowa and began as a sandwich and pie place until Vicorp purchased the growing chain and created Bakers Square. In addition to the pies the restaurant offered breakfast, lunch and dinner. However, the declining economy took its toll on the restaurant industry and, by 2005, profit margins began to decline. By February 2009, more than 80 California locations had closed. American Blue Ribbon Holdings, a company tagged along with Bakers Square, filed for bankruptcy protection after closing a total of 33 locations across both brands. Although Bakers Square is closed there are still plenty of tasty restaurants around Springfield that have good pies. If you are disappointed in it closing take a look at going to Cafe Moxo or even Cold Stone Creamery.