Chi-Chi’s plans new restaurants more than 20 years after its bankruptcy [Video]

Chi-Chi’s is making a comeback.

The Mexican chain said this week that it plans to open some new restaurants next year. The locations would be the first since Chi-Chi’s filed for bankruptcy protection in 2003.

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Michael McDermott, the son of Chi-Chi’s founder, said he struck an agreement with Hormel Foods to open the restaurants. Austin, Minnesota-based Hormel owns the Chi-Chi’s trademark and produces Chi-Chi’s-branded chips and salsas.

“The Chi-Chi’s brand is one of the most beloved, respected, and well-known names in the Mexican food category,” Hormel said Thursday in a statement. “The legacy and spirit of the brand remain strong, and we’re excited about the upcoming relaunch of Chi-Chi’s restaurant locations.”

McDermott, a restauranteur who also founded Kona Grill and Rojo Mexican Grill, didn’t say how many locations he planned to open or where. McDermott said the restaurants would be …