bankruptcy

The chain exited bankruptcy last year, but it looks like some stores might close.

For once, a retailer in Illinois is declaring bankruptcy, but it might be good news - maybe.

A food manufacturing company in Illinois has suddenly declared bankruptcy, but it's apparently good news, too.

TGI Fridays bankruptcy has been rumored, but is now a reality after a Saturday morning court filing.

If you've heard reports that Dirt Cheap is declaring bankruptcy and closing all stores, that's reportedly correct. But, it's not the Missouri thing you might think it is.

The brand has been around for nearly 80 years!

It's hard to remember a year where more restaurant chains have gone through financial struggles than 2024. Another Chicago-based company with 10 Illinois locations is now suddenly in bankruptcy court, too.

Any business owner will tell you that profits come and profits go and the outlook can turn on a dime with changing conditions. That appears to be the case for a burger chain that has a location in Illinois that says it suddenly may be declaring bankruptcy based on a new report.

The report of Red Lobster's demise may have been a bit premature after all. It appears that 25 Illinois locations may have just been saved from bankruptcy thanks to a sale in the 11th hour.

The struggle continues for many food franchises as a company that owns many Pizza Hut locations in Illinois has reportedly filed for bankruptcy.