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Compass Coffee files for bankruptcy, looks to close 10 DMV locations
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Popular DMV-chain Compass Coffee has filed for bankruptcy amid financial struggles and legal issues. The CEO, Michael Haft, cited the COVID-19 pandemic and the slow return of customers for the Chapter 11 bankruptcy. This follows unsuccessful efforts to find a buyer. The cafe has more than 20 locations across D.C., Maryland and Virginia. | DC News Now
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Popular DMV-chain Compass Coffee has filed for bankruptcy amid financial struggles and legal issues. The CEO, Michael Haft, cited the COVID-19 pandemic and the slow return of customers for the Chapter 11 bankruptcy. This follows unsuccessful efforts to find a buyer. The cafe has more than 20 locations across D.C., Maryland and Virginia. | DC News Now
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