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Ray Ray’s Files for Bankruptcy Amid Rising Beef Prices

12/22/2025

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Story summary
  • Ray Ray’s filed for Chapter 11 bankruptcy on December 19, 2025, after closing nearly half its locations due to rising beef prices.
  • Ray Ray’s Hog Pit and Ray Ray’s Ohio Style closed three locations—Johnstown, Marion, and Linworth—in November 2025.
  • Four locations remain open in Clintonville, Franklinton, Westerville, and Granville.
  • Beef prices rose 13% for ground beef and 16.6% for steak year over year, affecting meat-focused restaurants.