We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. But while filing for bankruptcy can erase many types of debt and offer ...

Eddie Bauer plans to close 174 brick-and-mortar stores across the U.S. and Canada after failing to find a buyer during bankruptcy proceedings. The ...

Major franchisee Sailormen Inc. has closed an additional three Popeyes locations in Georgia following its Chapter 11 ...

The commercial real estate industry has spent the past two years bracing for the next wave of loan losses as elevated interest rates collided with loan maturities. Instead of a wave of payoffs, many ...

Sailormen Inc. is one of the largest franchise operators for Popeyes, and it has closed more locations than originally ...

WASHINGTON — Twin Peaks' parent company filed for bankruptcy this week. The company, which owns Twin Peaks and Smokey Bones, said it expects the casual dining restaurants to "remain open and operating ...

Founded in 2010, iPic built its reputation on a luxury moviegoing experience. Customers could enjoy reserved recliner seats, cozy blankets and pillows, and an upscale menu featuring items like ...

A Baltimore restaurant recently filed for bankruptcy in an effort to prevent the foreclosure sale of its building in Fells Point, reports CBS News (1).