Chapter 11 bankruptcy

• Burger, wings, and bar empire faces looming Chapter 11 bankruptcy - When companies file for bankruptcy, often it isn't because they're not cash flow positive. Bankruptcies can happen simply because a company can't generate the cash needed to service its debt. In many cases, if you took that debt away, the b
• Formerly bankrupt restaurant chain announces major turnaround update - A new year is often meant to symbolize fresh starts, but for one of America's most recognizable casual dining brands, 2024 delivered the opposite. Instead of renewal, the year was marked by financial troubles, bankruptcy, and a significant
• 53-year-old restaurant chain is quietly closing locations nationwide - Hearing about restaurant closures has become increasingly common, but the news often hits the hardest when long-standing establishments shut their doors. These restaurants represent far more than just places to eat; many have become promine
• Chipotle rival Mexican chain closed all its restaurants - In many cases, a Chapter 11 bankruptcy does not mean the end for a restaurant chain. That's at least partially because brand names have value, and as long as the finances can be worked out with creditors, there will usually be more investor
• 40-year-old arts and crafts chain files Chapter 11 bankruptcy - The arts and crafts supply retail sector has faced store closings over the last five years for a variety of reasons, ranging from ownership retirements to severe financial distress. Coming out of the Covid-19 pandemic, regional crafts retai
• Amazon rival discount retailer files Chapter 11 bankruptcy - Amazon owns so much of the online retail market that competing with it, at least for newer players, requires doing something very different than the online leader. eBay, for example, in its heyday, used an auction model, creating the possib
• Popular furniture store brand closes down, no bankruptcy - Shopping for furniture before online dealers established themselves was a time-consuming chore, requiring visits to several stores to find the right piece for the appropriate room. Consumers browsed through showrooms at major furniture reta
• iRobot Roomba goes bankrupt as China firm takes over - Once hailed as a pioneer of smart-home technology, the company that brought robot vacuums into everyday households is now facing a harsh reality. iRobot, the maker of Roomba, has filed for Chapter 11 bankruptcy, as a Chinese firm steps in t
• 46-year-old bankrupt Italian chain closes most restaurants - Back in 1981, pizza places that also served fancier Italian dishes were somewhat rare. In Boston, you could go to high-end, traditional Italian restaurants in the city's famed North End, but pizza was not generally on their menus. Yes, that
• Home Depot, Lowe's rival files Chapter 11 bankruptcy - While they have been a moving target, President Donald Trump's tariffs have raised the cost of building a house. "The new tariffs could increase builder costs anywhere from $7,500 to $10,000 per home," Rob Dietz, chief economist at the Nati