Sailormen, Inc., which owns more than 130 Popeyes in Florida and Georgia, filed for Chapter 11 bankruptcy on Jan. 15.

The increase in bankruptcy filings comes as Americans face a slate of economic pressures, from sticky inflation to elevated ...

The franchisee has previously attempted to sell off restaurants in hopes of overcoming their financial struggles.

Sailormen, which operates 130 locations of the fast-food chicken chain in Florida, struggled with heavy debt and liquidity ...

Founder Sean Lupton-Smith recently filed for Chapter 7 bankruptcy, bringing the company to an abrupt end with $6.1 million in ...

Recent years have seen a number of bankruptcy filings from franchisees of major QSR brands, with many citing similar reasons.

Luxury retailer Saks Global has filed for bankruptcy, preparing to reposition itself after obtaining about $1.75 billion in ...

The company behind Saks Fifth Avenue and Neiman Marcus announced on Wednesday that it is filing for bankruptcy. The luxury ...

Saks Fifth Avenue shopping sprees aren’t over just yet. The Chapter 11 bankruptcy of Saks Global, the parent company of Saks ...

It's one of the largest retail collapses since the pandemic, barely a year after a deal intended to create a luxury ...

The commercial truck industry has faced economic distress over the last year that has resulted in certain companies shutting ...