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Bankruptcy

Financing

Roti declares Chapter 11 bankruptcy

 By Jonathan Maze on Aug. 23, 2024

The Chicago-based fast-casual Mediterranean chain, which has been closing locations in recent years, says it will use the process to find new investors or a buyer.

Emerging Brands

Koo Koo Roo plans relaunch to tap lingering brand loyalty

 By Lisa Jennings on Aug. 22, 2024

The new owner of the defunct 36-year-old "home-meal replacement" chain says they loved it once, they'll love it again.

Financing

BurgerFi says it may file bankruptcy

By Lisa Jennings on Aug. 16, 2024

The parent of BurgerFi and Anthony's Coal Fired Pizza said there's substantial doubt about the company's ability to continue to operate.

Financing

Here are the companies that have filed for bankruptcy this year

By Jonathan Maze on Aug. 07, 2024

Sixteen restaurant chains, operating companies or large franchisees have filed for bankruptcy so far in 2024.

Financing

Here's why Buca di Beppo filed for bankruptcy

By Joe Guszkowski on Aug. 06, 2024

The Italian casual-dining chain blamed the pandemic and its aftermath for creating an impossible operating environment.

Financing

Buca di Beppo files for Chapter 11 bankruptcy

By Joe Guszkowski on Aug. 05, 2024

The Italian casual-dining chain is restructuring after closing about 20% of its locations last week.

Financing

Franchised brands get the franchisees they deserve

By Jonathan Maze on Aug. 05, 2024

The Bottom Line: Too many franchised restaurant chains desperately sell franchises to anyone in their bid for growth and are critical of them when things go south.

Financing

World of Beer declares bankruptcy

By Jonathan Maze on Aug. 05, 2024

Once one of the country’s fastest-growing chains, the craft beer-focused casual-dining chain cited inflation, litigation and weak traffic for its challenges.

Financing

In a small Illinois city, Red Lobster leaves a big void

By Joe Guszkowski on Aug. 02, 2024

The shuttered seafood restaurant had been a mainstay in Danville, which is working to overcome past economic challenges.

Financing

Rubio's is being sold to its lender

By Jonathan Maze on Aug. 01, 2024

The fast-casual Mexican chain, which filed for bankruptcy in June, has agreed to a $40 million credit bid from a company run by the former CEO of Famous Dave’s.

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