A number of major establishments have filed this year to the dismay of their patrons, with TGI Fridays and Red Lobster among ...

Ray Blanchette’s Sugarloaf Concessions bid $30.5 million for nine locations of the casual-dining concept, including its ...

Casual dining chain TGI Fridays filed for Chapter 11 bankruptcy Nov. 2, citing the COVID-19 pandemic as one of the drivers behind its financial challenges. It’s the latest bankruptcy declaration ...

The fast-food sandwich concept joins Red Lobster, TGI Fridays, and many others in filing for bankruptcy in 2024.

After abruptly closing five restaurants in the Tucson and Phoenix regions, Arizona-based fast-food sandwich and frozen ...

When TGI Friday’s Inc. filed for bankruptcy last month, the casual dining chain blamed declining sales and shrinking revenue ...

The bid for the restaurants shows some potential buyers still have confidence in the brand’s value, despite its recent ...

Spirit Airlines, the largest budget carrier in the US filed for bankruptcy in November 2024 after suffering mounting losses ...

These struggling burger brands have faced declining sales, restaurant closures, and other woes throughout this year.

The last year has seen a dramatic uptick in one restaurant industry statistic - the number of bankruptcies filed. Over the ...