Tag Archives: Bankruptcy

More Popeyes stores face closure in franchise bankruptcy: See an updated list of locations

June 24, 2026 More Popeyes stores are closing in franchise bankruptcy: See an updated list of locations BY Christopher Zara More Popeyes Louisiana Kitchen locations are likely to close soon, the latest dramatic development in ongoing bankruptcy proceedings involving a prominent franchisee for the fast-food chicken chain. The franchisee, Sailormen Inc. of Miami, has been trying … Continue reading More Popeyes stores face closure in franchise bankruptcy: See an updated list of locations →

Sleep Number Corporation stock will be delisted from Nasdaq after Chapter 11 bankruptcy; shares plummet

June 18, 2026 Sleep Number Corporation stock will be delisted from Nasdaq after Chapter 11 bankruptcy; shares plummet BY Sarah Fielding Shares of Sleep Number Corporation will no longer be publicly traded after next week. In a filing with the Securities and Exchange Committee (SEC), the embattled mattress and bedding company confirmed that its stock (Nasdaq: … Continue reading Sleep Number Corporation stock will be delisted from Nasdaq after Chapter 11 bankruptcy; shares plummet →

Chicago bankruptcy judge denies emergency hearing request in Hawthorne racetrack Chapter 11

Chicago bankruptcy judge denies emergency hearing request in Hawthorne racetrack Chapter 11 Suswati Basu     A federal bankruptcy judge in Chicago has turned down a request from Hawthorne Race Course and related companies to speed up a court hearing connected to their Chapter 11 restructuring. In a March 11 order, U.S. Bankruptcy Judge Timothy … Continue reading Chicago bankruptcy judge denies emergency hearing request in Hawthorne racetrack Chapter 11 →

At Home closing? Bankruptcy puts dozens of stores at risk of shutting down

June 16, 2025 At Home closing? Bankruptcy puts dozens of stores at risk of shutting down BY Grace Snelling At Home, the big-box home decor and furnishings brand, is the most recent in a series of home goods stores, including Big Lots and True Value, to file for bankruptcy in recent months. Today, the company announced … Continue reading At Home closing? Bankruptcy puts dozens of stores at risk of shutting down →

Elizabeth Warren’s second attempt at bankruptcy reform seeks balanced relief

By cutting filing costs, closing exploitative loopholes, and treating student loan debt like any other debt, the bill promises a more just system. BY Sarah Bregel On Wednesday, Senator Elizabeth Warren reintroduced legislation that would make filing for bankruptcy easier and more affordable for individuals who are struggling financially. Warren first introduced the legislation, the Consumer … Continue reading Elizabeth Warren’s second attempt at bankruptcy reform seeks balanced relief →

TGI Fridays bankruptcy update: Will more restaurant locations close amid Chapter 11?

November 04, 2024 TGI Fridays bankruptcy update: Will more restaurant locations close amid Chapter 11? Fridays is the latest restaurant chain to file for bankruptcy protection in a year where customers are eating out less and operating costs are on the rise. BY Tracy Brown Hamilton American casual dining restaurant chain TGI Fridays has filed for Chapter 11 bankruptcy … Continue reading TGI Fridays bankruptcy update: Will more restaurant locations close amid Chapter 11? →

Hardware store True Value files Chapter 11, joins list of retailers going into bankruptcy this year

October 14, 2024 Hardware store True Value files Chapter 11, joins list of retailers going into bankruptcy this year The long-standing home-improvement wholesaler says its 4,500 locations will stay open as the company sells its operations to rival Do It Best. BY Sarah Bregel A long-standing hardware wholesaler, True Value, is filing for bankruptcy. The 75-year-old … Continue reading Hardware store True Value files Chapter 11, joins list of retailers going into bankruptcy this year →

Nationwide listeria ice cream recall leads to Chapter 11 bankruptcy filing and layoffs for Totally Cool brand

August 29, 2024 Nationwide listeria ice cream recall leads to Chapter 11 bankruptcy filing and layoffs for Totally Cool brand The Maryland-based company made headlines this summer when dozens of its products were identified in an FDA recall notice as posing a possible health risk. BY Michael Grothaus We all know that food recalls can have … Continue reading Nationwide listeria ice cream recall leads to Chapter 11 bankruptcy filing and layoffs for Totally Cool brand →

LL Flooring is closing stores in bankruptcy: Full list and map of 94 doomed locations

August 13, 2024 LL Flooring is closing stores in bankruptcy: Full list and map of 94 doomed locations The company is the latest national retailer to announce a reduction in its physical footprint as it seeks to turn around its fortunes through Chapter 11. BY Michael Grothaus Premier flooring retailer LL Flooring Holdings, Inc. has announced … Continue reading LL Flooring is closing stores in bankruptcy: Full list and map of 94 doomed locations →

Redbox owner’s bankruptcy filing is the final nail in the coffin for DVDs

July 01, 2024 Redbox owner’s bankruptcy filing is the final nail in the coffin for DVDs Chicken Soup for the Soul, which owns DVD rental chain Redbox, claimed $970 million in debts in its Chapter 11 filing. BY Henry Chandonnet Those red DVD kiosks peppering Walgreens across the country may have reached their end. Last week, … Continue reading Redbox owner’s bankruptcy filing is the final nail in the coffin for DVDs →