Iconic 98-year-old candy brand files for Chapter 11 bankruptcy

Iconic 98-year-old candy brand files for Chapter 11 bankruptcy

Everyone has a favorite from their childhood that maybe they haven’t seen for a few years. For me, not so much a personal favorite, but Coffee Nips remind me of my grandparents house, as my grandmother always had a stock of them. That’s not a product you see on store shelves very often, but they … Read more

106-year-old retailer closes all stores in Chapter 11 bankruptcy

106-year-old retailer closes all stores in Chapter 11 bankruptcy

The retail market has no nostalgia. Just because a brand has been around for decades, or even a century, doesn’t guarantee it will continue beyond 2026. In the coming year, we may see the demise of both Sears and K-Mart, two historic brands that helped define American retail. It’s almost unbelievable to think that Sears, … Read more

Famous designer fashion retailer files for Chapter 11 bankruptcy

Famous designer fashion retailer files for Chapter 11 bankruptcy

Back in 1993, Shoshanna Lonstein Gruss, then just Shoshanna Lonstein, became a tabloid darling for dating Jerry Seinfeld at the height of his sitcom fame. This was before she could be famous on social media, but essentially, she was one of the first influencers, parlaying the fame of her four-year relationship into a successful career … Read more

The owner of the iconic pizza and burger chains is headed for Chapter 11 bankruptcy

The owner of the iconic pizza and burger chains is headed for Chapter 11 bankruptcy

When companies file for bankruptcy, it is often not because they are not cash-flow positive. Bankruptcies can occur simply because a company cannot generate the cash needed to service its debt. In many cases, if you have taken that debt away, the business itself will actually be successful. That’s the argument made by FAT Brands … Read more

A formerly bankrupt restaurant chain announces a major makeover update

A formerly bankrupt restaurant chain announces a major makeover update

A new year is often meant to symbolize new beginnings, but for one of America’s most recognizable casual food brands, 2024 delivered the opposite. Instead of renewal, the year was marked by financial problems, bankruptcy, and a significant loss of its domestic and international footprints. Founded in 1965 in New York City, this restaurant chain … Read more

All 89 stores to close as 78-year-old furniture chain goes into liquidation

All 89 stores to close as 78-year-old furniture chain goes into liquidation

When you buy something from a chain that has filed for Chapter 11 bankruptcy, it’s important to take possession of that item before you hand over any cash. When Badcock Furniture filed for Chapter 11 bankruptcy, my wife and I went looking at couches and found one we liked. They would not, however, sell us … Read more

Huge restaurant industry brand files Chapter 11 as lawsuits mount

Huge restaurant industry brand files Chapter 11 as lawsuits mount

For several years, our town has hosted food trucks and a monthly music event that brings hundreds of locals to eat and listen to music. Over the last few years, maybe half the trucks have been overturned. That kind of turnover is what happens when the cost and complexity of getting a food truck on … Read more

Chipotle’s rival Mexican chain has closed all its restaurants

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

US Premium Motors brand files Chapter 11 bankruptcy

US Premium Motors brand files Chapter 11 bankruptcy

While the Americans pulled back some discretionary spending, this did not impact the motorcycle market. “The global motorcycle market size was $71.92 billion in 2024. The market is forecast to grow from $75.82 billion in 2025 to $119.09 billion by 2032, showing a CAGR of 6.7% over the forecast period,” according to data from Fortune … Read more

After denials, 158-year-old retailer may file Chapter 11

After denials, 158-year-old retailer may file Chapter 11

“The woman doth protest too much, he thinks.” Sometimes the classics tell the story and, in this case, Shakespeare’s Hamlet applies. Earlier this month, TheStreet published an analysis of Saks Global’s financial situation. It didn’t paint a pretty picture. Ragini Bhalla, head of the brand and spokesperson for Creditsafe, shared data about the struggles Saks … Read more