On April 10, 2023, 801 Restaurant Group, which operates the luxury 801 Chophouse chain, filed for Chapter 11 bankruptcy in a U.S. court in Kansas, burdened by $18.7 million in debt. This filing allows the company to restructure while keeping its restaurants operational. Despite this, the company faced a setback with the sudden closure of its 801 on Nicollet restaurant in Minneapolis, which had only opened in November 2022 and lasted less than six months. The closure highlights the struggles of the restaurant industry, particularly in urban areas where foot traffic has diminished due to remote work trends. With rising food and labor costs, luxury dining establishments are increasingly finding it difficult to maintain profitability. The company plans to focus on its flagship location in Des Moines and other established restaurants across cities like Omaha and Denver, while working on a restructuring plan that requires court approval. The next court proceedings are scheduled for May.