[1] Bakers Square began in December 1969 with a single restaurant called Mrs. C's in Des Moines, Iowa, that became popular for its pies.

The original Mrs. C's restaurant, on Merle Hay Road in Des Moines, remained in business as a Bakers Square until it closed on April 2, 2008, as parent company VICORP filed Chapter 11 bankruptcy.

[4] In 2009, American Blue Ribbon Holdings, a company owned by Fidelity National Financial and Newport Global Advisors, acquired the assets of VICORP, including Village Inn and Bakers Square.

VICORP closed 56 company-owned restaurants as a result of the move, leaving a total of 343 Village Inn and Bakers Square locations.

[7] Bakers Square once had a large presence in California with over 90 locations and competed directly with Marie Callender's, Coco's Bakery, and Carrows restaurants.

In addition, VICORP closed its Los Angeles County pie production facility in Santa Fe Springs.

These facilities, formerly VICOM, now "Legendary Baking," produce 18 million pies per year for Bakers Square, Village Inn, and J. Horner's, a food service and retail line.

[8] [9] [10] On January 27, 2020, American Blue Ribbon Holdings, parent company of Bakers Square and Village Inn, filed for Chapter 11 bankruptcy protection after closing 33 locations across both brands.

[11] On September 14, 2020, Bakers Square emerged from bankruptcy protection with 14 locations as a subsidiary of the restructured parent company, VIBSQ Holdings LLC.