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

The restaurant sector has faced declining sales and customer traffic in recent months, based on data from the National Restaurant Association, which has led operators to close locations and, in some ...

Miami-based Popeyes Louisiana Kitchen restaurant franchisee Sailormen Inc. filed for Chapter 11 protection on Jan. 15. Here's ...

FAT Brands has filed for bankruptcy as it battles to try to account for a whopping $1.3 billion in debt, according to multiple reports. Those not familiar with FAT Brands probably are surely familiar ...

FAT Brands is planning to restructure the business and deleverage its balance sheet through this Chapter 11 bankruptcy filing.

Sailormen Inc., a major Popeyes franchisee operating over 130 restaurants in Florida and Georgia, sought Chapter 11 ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The company cited a judgment and ...

TAMPA, Fla. (WFLA) — Customers of a major furniture retailer tell 8 On Your Side’s Better Call Behnken that the company is leaving them high and dry after filing for Chapter 11 bankruptcy ...

NEW YORK, Jan 13 (Reuters) - Beleaguered luxury retailer Saks Global is close to finalizing $1.75 billion in financing with creditors that would allow its iconic Saks Fifth Avenue, Bergdorf Goodman ...

Over the past year, issues with rising living costs, stubborn interest rates and rapidly compounding credit card balances have pushed many households closer to the financial edge, and in today's tough ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. The bankruptcy system operates under strict federal rules, after all, ...

Jan 9 (Reuters) - Luxury retailer Saks Global is planning to file for Chapter 11 bankruptcy as soon as Sunday, Bloomberg News reported on Friday, citing people familiar with the matter. The owner of ...