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RESTAURANT CHAIN BANKRUPTCY
Viral cookie chain Chip City closes in key locations; here's what went wrongIn a significant shift, Chip City Cookies has closed its three Connecticut shops in Darien, Fairfield, and West Hartford. This move illustr...- Oprah Winfrey made a 'significant' investment in True Food Kitchen in 2018. The resturant chain is now filing for bankruptcyTrue Food Kitchen, known for its health-focused dining, has filed for Chapter 11 bankruptcy protection recently. The restaurant chain has c...
- Temasek, ChrysCap brew up plans for Blue Tokai stake, put Rs 1000-1200 crore on the tableThe deal will value Blue Tokai chain at up to Rs 3,700 crore. This will be the largest round for the roasters so far, and will involve a co...
- This beloved US pizza chain is shutting up to 50 restaurants after losing millions and more closures could followPapa Murphy restaurant closures: Papa Murphy's parent company, MTY Group, will close up to fifty underperforming corporate locations. These...
- Red Lobster Tallahassee closure: Is America’s oldest Red Lobster shutting down forever? Tallahassee’s iconic 56-year restaurant closes May 24 — final chance for Cheddar Bay BiscuitsRed Lobster restaurant 2026 closing list near me: After 56 years of service, Red Lobster's longest-running U.S. location shuts its doors th...
- US bankruptcies surge in 2026: Eddie Bauer, Saks Global, Fat Brands, Francesca and more are struggling - is corporate collapse coming?US company bankruptcies 2026: Large US companies are facing a tough start to 2026, with nine major businesses filing for bankruptcy last we...
- These 800+ stores are closing across the US in 2026 — check the locations near youOver 800 stores and restaurants across the US will shut down by the end of 2026. Major brands like Wendy's, Macy's, and Pizza Hut are part ...
- Denny's Restaurant Closure: How many outlets are shut and what does it mean for diners?Denny’s announced that the chain will be taken private through an acquisition by a consortium of investors comprising TriArtisan Capital Ad...
- Dairy Queen rival M&M Custard LLC declares bankruptcy: Will Freddy’s Frozen Custard close — Major locations that could be affectedThe fast-casual and frozen dessert industry in the United States is facing fresh turbulence as M&M Custard LLC, one of the largest franchis...
- M&M Custard LLC, franchisee of Freddy's Frozen Custard & Steakburgers, files for bankruptcy as multiple frozen dessert chains face closures due to several challenges, what are the major factors leading to franchisees' shutdown? All you need to knowSeveral major frozen dessert chains are facing closures in 2025 due to various issues. M&M Custard LLC, a significant franchisee for Freddy...
- Indian-origin teen who waited tables at 15 buys the entire restaurant chain 22 years later: Meet Amol KohliFrom earning $5 an hour at a Friendly’s restaurant to owning the entire chain, Indian-origin entrepreneur Amol Kohli’s journey is a remarka...
- Chi-Chi’s restaurant confirms comeback date: Check location, new menu items, timingsChi Chi, the Mexican restaurant chain, is returning after two decades. Its first new location opens next week in St. Louis Park. The menu w...
- Popular brewpub Iron Hill Brewery shuts down all locations overnight — files for bankruptcyIron Hill Brewery: Iron Hill Brewery and Restaurant, a 29-year-old chain, has closed all its locations. The company has filed for bankruptc...
- Over 30 Hooters restaurants suddenly closed: Here's the list and everything else we know about the shutdownHooters has abruptly closed over 30 company-owned restaurants across multiple U.S. states due to ongoing bankruptcy proceedings. The compan...
- Beloved US restaurant shuts 130 stores in tragic decline amid bankruptcy and slump in sales: 10 pointsTGI Fridays, one of the most popular and long-standing chain restaurants in the United States of America is shutting down 130 stores. This ...
- TGI Fridays files for bankruptcy protection as sit-down restaurant struggles continueTGI Fridays, the well-known restaurant chain, filed for bankruptcy protection due to financial challenges from COVID-19 and changing dining...
- Red Lobster restaurants still open amid bankruptcy scare: Active outlets, special deals, all you need to knowRed Lobster is a household name when it comes to mega restaurant chains across the entire United States. However, the organization is curre...
- Red Lobster restaurants closing: Nearly 50 seafood outlets in US shutdown. Check reason, city-wise locationsRed Lobster is closing approximately 50 seafood restaurants across the US, including 14 in New York and New Jersey.
- A flood of business bankruptcies likely in coming monthsCompanies forced to close or curtail business due to government attempts to stop the virus's spread have mounting debts and uncertain prosp...
- Partnering well-capitalised, local entrepreneurs is best approach: David Karam, Sbarro global CEOThere were mistakes which we learnt from. So we exited and decided that the business structure of franchisees, said Sbarro global president...
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