Two corporate pubs closed abruptly over the weekend in Chattanooga: World of Beer downtown at 412 Market St. and The Fox and Hound Pub & Grille near Hamilton Place Mall.
World of Beer is flourishing, a company official said – but Fox and Hound’s parent company is foundering and filed for bankruptcy for the second time in three years.
World of Beer closed because of a financial dispute between the franchisee here, Jax Beer Ventures, and the building’s landlord, said Terry Halery, vice president of marketing at the craft beer tavern chain’s headquarters in Tampa, Fla.
“I don’t know all the details,” Halery said. “[The closure] was an abrupt decision.”
World of Beer, which launched in 2007 and now has more than 75 locations in 21 states – and its first international outlet in Shanghai, China – is growing and wants to stay in Chattanooga, he said.
