'Everything on sale': American Freight closing all stores amid parent company's bankruptcy
The closures are part of Chapter 11 bankruptcy proceedings by parent company Franchise Group Inc. Franchise Group Inc. cited "sustained inflation and macroeconomic challenges" as reasons for the closures. Going-out-of-business sales will be managed by ...
"Two of the biggest factors—inflation and rising interest rates—are unlikely to shift rapidly, even if the new administration ...
Concerns about $49.7 million in outstanding gift cards were raised by more than 60 TGI Fridays franchisees not included in ...
The CEO of of the company that makes Tonka Trucks and Care Bears successfully exited a four-month stint in bankruptcy court.
Fueled by inflation, bankruptcies have risen for the past two years in a row. That's after pandemic relief measures ...
An expansion of bankruptcy eligibility rules is moving toward a potential revival through a Senate proposal that would bring back a more lenient standard for Chapter 11 relief designed for small ...
PureGym wins bankruptcy auction for Blink Fitness assets ... reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals ...
The trucking industry recession over the last year has been characterized by decreased demand for shipping which has led to ...
3don MSN
The restaurant chain said Saturday it filed for bankruptcy protection as it looks for ways to "ensure the long-term viability ...
The restaurant chain pointed to hurricanes Helene and Milton as the reason for its latest financial distress.
Senior Editor Joe Guszkowski joins the Restaurant Business podcast to discuss the Chapter 11 bankruptcy filing of the ...
Through a unilateral bankruptcy filing, a president and manager of a limited liability company sought to utilize the ...
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