Introduction Popeyes, the popular fast-food chain, has been struggling with its franchisees lately. One franchisee in particular, who has been operating for over a decade, has just declared bankruptcy. This is a major blow to the company, as it has been trying to expand its presence in the market. The franchisee’s financial struggles have been … Read more
Introduction A 120-unit Burger King franchisee has recently filed for bankruptcy, making it the latest in a string of fast-food chains to do so in the past year. The franchisee, Carrols Restaurant Group, Inc., operates Burger King restaurants in 16 states across the United States. The filing comes as the restaurant industry continues to struggle … Read more
Introduction Corner Bakery, a popular chain of cafes and restaurants, has recently declared bankruptcy. The company, which has been in business for over 25 years, has been struggling financially due to the pandemic and other factors. This has led to the closure of many of its locations and the filing of Chapter 11 bankruptcy. This … Read more
Introduction The grocery industry is a highly competitive market, and many grocery chains have come and gone over the years. Some of the most notable grocery chains that have gone out of business include A&P, Pathmark, Waldbaum’s, Grand Union, Big Bear, Purity Supreme, Food Town, and Big Star. These stores were once staples in many … Read more
Introduction Legendary Steakhouse Steak and Ale is making a comeback! For years, this classic steakhouse has been a favorite of steak lovers everywhere. With its signature blend of steak and ale, it has become a staple in many households. Now, the steakhouse is back and better than ever. With a new menu featuring classic favorites … Read more
Introduction Major Burger King franchisee Carrols Restaurant Group recently filed for Chapter 11 bankruptcy protection. The filing comes as the restaurant industry continues to struggle with the economic fallout of the coronavirus pandemic. Carrols is the largest Burger King franchisee in the United States, operating more than 1,000 locations across the country. The filing will … Read more
Introduction The restaurant industry has been hit hard by the pandemic, with many restaurants closing their doors for good. In 2022, eight restaurant chains filed for bankruptcy, shaking the industry and leaving many people without jobs. These bankruptcies had a ripple effect on the industry, with many other restaurants struggling to stay afloat. In this … Read more
Introduction It is with a heavy heart that we report that the 41-year-old pizza chain Bertucci’s has filed for bankruptcy for the second time. The chain, which has been a staple of the Italian-American dining experience for decades, has been struggling to stay afloat in the face of the pandemic. The chain has been forced … Read more
Introduction When it comes to restaurant chains, there are some that have become household names and others that have failed to make it big. This article will explore six restaurant chains that almost made it big before crashing and burning. From the fast-food giant Burger King to the upscale Italian restaurant Spaghetti Warehouse, these restaurants … Read more
Introduction Pizza is one of America’s favorite foods, and for decades, there have been a number of pizza chains that have been popular with consumers. However, not all of these chains have been able to survive the test of time. In this article, we will take a look at four once-favorite pizza chains in America … Read more