Business ❯ Finance ❯ Bankruptcy ❯ Corporate Restructuring

Restaurant Industry

Red Lobster Signals More Closures as CEO Reviews Leases

Costly long‑term leases are pushing the seafood chain to prune weaker sites.

Abuelo’s Files Chapter 11 After Closing 24 Restaurants, Footprint Falls to 16

Hooters Closes More Than 30 Locations in Bankruptcy Restructuring