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.
U.K.-based Wren Kitchens has filed for Chapter 7 bankruptcy liquidation and closed all 15 of its retail stores located primarily along the East Coast, according to USA Today. The company also ceased ...
ARC Burger—the private equity-backed operator that ran 77 Hardee’s restaurants across nine states—filed for Chapter 7 bankruptcy, signaling a full liquidation amid its high-profile legal battle with ...
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Kiitos Brewing files for Chapter 11 bankruptcy
Hundreds of high-quality craft breweries have faced economic distress during the Craft Beer Apocalypse, with many filing for bankruptcy protection to continue operating and others forced to close. The ...
QVC Group commenced a voluntary Chapter 11 bankruptcy as part of a restructuring support agreement. The company said Thursday it entered into the agreement with holders who represent a significant ...
An iconic home shopping empire is entering a new chapter. QVC Group, the parent company behind longtime television retail giants QVC and HSN, has filed for Chapter 11 bankruptcy protection, according ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The Westborough company reached ...
QVC Group, the parent company of QVC and HSN, will continue operating as usual amid the financial restructuring Uwe Zucchi/picture alliance via Getty QVC Group, parent company of QVC and HSN, filed ...
A Hardee’s burger chain franchisee that once operated dozens of locations across nine states has filed for Chapter 7 bankruptcy liquidation, adding another casualty to a fast-food industry battered by ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The company spent $750,000 on ...
A Hardee's franchisee, ARC Burger LLC, filed for Chapter 7 bankruptcy after closing 77 locations across 9 states. The franchisee faced over $29 million in debt and was previously sued by Hardee's ...
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