Continue to Site >>>

Bankruptcy

Financing

The Tijuana Flats bankruptcy highlights the dangers of menu miscues

 By Jonathan Maze on Apr. 23, 2024

The Bottom Line: The fast-casual chain’s problems following new menu debuts in 2021 and 2022 show that adding new items isn’t always the right idea.

Financing

Oberweis Dairy finds a buyer

 By Peter Romeo on Apr. 23, 2024

The principal of another Illinois food manufacturer has offered to buy the chain of ice cream shops and its sister businesses.

Financing

Midwestern favorite Oberweis Dairy declares bankruptcy and cuts staff

By Peter Romeo on Apr. 19, 2024

The ice cream chain intends to lay off staff in June and cut its costs in other ways, but to remain in operation following a Chapter 11 bankruptcy filing. It is struggling to find a buyer.

Financing

Tijuana Flats declares bankruptcy and closes restaurants

By Jonathan Maze on Apr. 19, 2024

The Maitland, Florida-based Tex-Mex chain filed for Chapter 11 bankruptcy protection after closing 40 restaurants this year. It has an agreement to sell the company.

Financing

Red Lobster is struggling to pay its bills, vendors say

By Joe Guszkowski on Apr. 18, 2024

Credit data confirms the seafood chain has a large number of overdue balances as it reportedly considers a bankruptcy filing.

Financing

Report: Red Lobster is preparing for bankruptcy filing

By Heather Lalley on Apr. 16, 2024

The struggling seafood chain is hoping Chapter 11 protection will help it restructure its debt while keeping its restaurants operating, according to Bloomberg.

Technology

ASAP delivery service files for Chapter 7 bankruptcy

By Joe Guszkowski on Apr. 03, 2024

The small company formerly known as Waitr ended its operations Tuesday. It had been struggling to compete with larger delivery players for years.

Leadership

Red Lobster names restructuring expert as new CEO

By Joe Guszkowski on Mar. 22, 2024

Industry veteran Jonathan Tibus will take the reins as owner Thai Union Group prepares to sell the seafood chain. He replaces Horace Dawson, who is retiring.

Financing

Inside the turnaround at Corner Bakery

By Jonathan Maze on Mar. 15, 2024

The fast-casual brand was in freefall before it filed for bankruptcy last year. But improved operations and marketing, and a lot of hard work, have helped the chain turn the corner.

Financing

What Corner Bakery's new owners saw in the brand

By Jonathan Maze on Mar. 13, 2024

A Deeper Dive: Chris Dharod, CEO of the fast-casual chain, joins the podcast to discuss its comeback from last year’s bankruptcy filing.

  • Page 2