Sailormen, Inc., which owns more than 130 Popeyes in Florida and Georgia, filed for Chapter 11 bankruptcy on Jan. 15.
When costs continued to climb, Lupton-Smith turned to advocacy, lobbying for tariff relief on bicycle and e-bike components.
Recent years have seen a number of bankruptcy filings from franchisees of major QSR brands, with many citing similar reasons.
The franchisee has previously attempted to sell off restaurants in hopes of overcoming their financial struggles.
The increase in bankruptcy filings comes as Americans face a slate of economic pressures, from sticky inflation to elevated ...
A local optometry group filed for bankruptcy in the final days of 2025, after a failed chapter filing earlier that year.
The end of one-stop luxury? How a $2.65 billion deal turns into debt, forcing a reckoning for brands and buyers alike.
High-end department store conglomerate Saks Global filed for bankruptcy protection late on Tuesday, barely a year after a ...
It's one of the largest retail collapses since the pandemic, barely a year after a deal intended to create a luxury ...
The company behind Saks Fifth Avenue and Neiman Marcus announced on Wednesday that it is filing for bankruptcy. The luxury ...
Luxury retailer Saks Global has filed for bankruptcy, preparing to reposition itself after obtaining about $1.75 billion in ...
TGI Fridays hopes to energize the brand for the next generation, charge expansion, ensure franchise health and fuel ...