The retail marketplace does not have any nostalgia. Just because a brand has been around for decades, or even a century, does ...

Missed obligations and lenders’ demands for immediate repayment have pushed Beverly Hills-based franchiser Fat Brands Inc. and its affiliate, Twin ...

At the time, the airline cited unprofitability and lack of demand as reasons for its shutdown. As first reported by the ...

MTF Enterprises, which operates locations in Pennsylvania, New Hampshire, Maine and Virginia, declared Chapter 11 bankruptcy ...

Recent years have seen a number of bankruptcy filings from franchisees of major QSR brands, with many citing similar reasons.

Here's what that means for the brand and its customers.

Twin Peaks' parent company said it expects the casual dining restaurants to "remain open and operating as usual" during the ...

Pretium Packaging files Chapter 11 bankruptcy to restructure $900M debt while maintaining operations with Clearlake support ...

Another one bites the dust. It was just last March when Hooters (the casual dining establishment that specializes in wings) waived the white flag and filed for Chapter 11 bankruptcy. If you aren't ...

Multi-Color Corporation has filed for pre-packaged Chapter 11 bankruptcy protection as part of a recapitalization effort aimed at reducing debt.

Primrose Candy Company, which started in 1928 according to their website, needs to settle around $12 million in debts and to ...