Category: bankruptcy

Job Losses, Bankruptcies And Store Closings Are All At Apocalyptic Levels As The U.S. Economic Collapse Rolls On

The last four months have been an unending nightmare for the U.S. economy.  Businesses are shutting down at a pace that we have never seen before in American history, the “retail apocalypse” has reached an entirely new level that none of the experts were anticipating prior to this pandemic, and we are in the midst […] Read More

One of the largest restaurant franchisees in the US expected to file for bankruptcy

one of the largest restaurant franchisees in the U.S., is preparing to file for bankruptcy protection despite its brands reporting a bump in sales since the coronavirus pandemic, people familiar with the matter said. The owner of more than 1,200 Pizza Hut restaurants and 385 Wendy’s Co. stores could file for chapter 11 protection as soon as Tuesday, according […] Read More