bankruptcy protection

Chipotle’s rival Mexican chain has closed all its restaurants

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Chipotle’s rival Mexican chain has closed all its restaurants

In many cases, a Chapter 11 bankruptcy does not mean the end for a restaurant chain. This is at least in part because brand names have value, and as long as the finances can be worked out with creditors, there are usually more investors willing to get behind a Red Lobster comeback than those who … Read more

Home Depot, Lowe’s rival files Chapter 11 bankruptcy

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Home Depot, Lowe’s rival files Chapter 11 bankruptcy

While a moving target, President Donald Trump’s tariffs have raised the cost of building a new home. “The new fees could increase builder costs anywhere from $7,500 to $10,000 per home,” Rob Dietz, chief economist at the National Association of Home Builders told CNBC, citing estimates from US homebuilders. Last year, the NAHB estimated that … Read more