Burger chains are navigating dire economic issues today, closing underperforming locations and, in some cases, filing for bankruptcy protection. Wendy’s said it will close 5%-6% of its 5,831 U.S.

While fast-food chains like Wendy's and Pizza Hut have gotten a lot of the headlines because of the sheer number of restaurants they're closing, high-end restaurants have been hit hard, too. In my ...

Hard seltzer went from being a novelty to becoming a massive part of the overall alcohol market in the United States. "The United States Hard Seltzer Market was valued at $1.93 billion in 2024 and is ...

The Great Freight Recession led to dozens of trucking, logistics, and shipping companies filing for Chapter 11 bankruptcy protection in 2025 to reorganize their businesses, restructure their debt ...

After a domino effect of smaller airlines filing for bankruptcy protection in the fall of 2025, the first airline shutdowns of the new year have already started emerging. On the fourth day of January, ...

The spirits industry has faced economic issues since the end of the Covid-19 pandemic that continue to mount. Among the reasons given for financial distress are the lasting effects from the Covid-19 ...

When a company files Chapter 7 bankruptcy, it means the brand will be liquidated. That could result in a new beginning, if a new business or operator buys the brand and revives it. In theory, that can ...

If you’re exploring bankruptcy, that probably means your debt situation is serious. It can be really frustrating to find out that bankruptcy cases cost money. If you had money, you might not need ...

The company was recently honored by Stellantis. The fate of its products and technology are unclear. Its stock has been delisted. Innovation does not guarantee success. Many companies push the bounds ...

You can find original article here Nrn. Subscribe to our free daily Nrn newsletters. Iron Hill Brewery & Restaurant has filed for Chapter 7 bankruptcy protection in the United States Bankruptcy Court ...