The closures are part of Chapter 11 bankruptcy proceedings by parent company Franchise Group Inc. Franchise Group Inc. cited ...

"Two of the biggest factors—inflation and rising interest rates—are unlikely to shift rapidly, even if the new administration ...

Concerns about $49.7 million in outstanding gift cards were raised by more than 60 TGI Fridays franchisees not included in ...

Fueled by inflation, bankruptcies have risen for the past two years in a row. That's after pandemic relief measures ...

The CEO of of the company that makes Tonka Trucks and Care Bears successfully exited a four-month stint in bankruptcy court.

The trucking industry recession over the last year has been characterized by decreased demand for shipping which has led to ...

Riley Financial, has filed for bankruptcy — but plans to keep open most of its ... Riley said it had sold a majority stake in ...

In September a U.S. bankruptcy judge approved a reorganization plan for the ... Its empire peaked in 2008 with 601 ...

An expansion of bankruptcy eligibility rules is moving toward a potential revival through a Senate proposal that would bring back a more lenient standard for Chapter 11 relief designed for small ...

The restaurant chain pointed to hurricanes Helene and Milton as the reason for its latest financial distress.

Senior Editor Joe Guszkowski joins the Restaurant Business podcast to discuss the Chapter 11 bankruptcy filing of the ...

American Freight is shuttering all of its locations and kicking off store closing sales as part of Chapter 11 bankruptcy ...