Popular Tex-Mex Chain Declares Bankruptcy & Shutters 40 Restaurants
The struggling chain is being sold to a new owner as it works to get back on track.
Red Lobster Is Reportedly Close to Filing for Bankruptcy
After facing closures and operating losses, the seafood chain is reportedly mulling a bankruptcy filing.
Rite Aid Is Reportedly Close to Declaring Bankruptcy—Here's Why
The drug store and food retailer appears to be in dire straits. Here's what we know.
Boston Market's Mounting Legal Trouble Could Spell the End For the Chain
The struggling chain is facing numerous lawsuits and restaurant closures.
2 Struggling Restaurant Chains Are the Latest to Declare Bankruptcy in 2023
The brands have been shedding restaurants for years.
Costco Shoppers' Favorite Plant-Based Brand is Filing for Bankruptcy
Costco members and even professional chefs have raved about the brand's products.
5 Once-Popular Burger Chains That Are Currently Shrinking
Not even legacy burger brands are immune from a recent spate of closures.
Another 27 Burger King Restaurants Are Slated for Imminent Closure
A bankrupt franchisee is the latest Burger King operator to shut down locations.
90 Bankrupt Burger King Locations Have Met Their Fate—and Some Are Closing For Good
Burger King franchisee Toms King Holdings, which operates the locations, declared bankruptcy this year.
7 Restaurant Chains Making a Big Comeback After Bankruptcy
These popular brands are rising from the ashes.
