Browsing: Chapter 11 bankruptcy

Hooters, the well-known restaurant chain, declared bankruptcy on March 31, 2025. The restaurant, famous for its female waitresses in orange…

Spirit Airlines is laying off hundreds of workers as part of its bankruptcy cost-cutting efforts. Spirit is letting go of…

A luxury brand that sells high-end furniture is closing all its stores in the United States. OKA announced the store…

It is no news that the current inflation rate is affecting several aspects of the economy; the food industry is…

Red Lobster is closing several outlets. It is no news that the current economic situation is forcing many businesses, especially…