Los Angeles-based FAT Brands, the parent company behind several well-known restaurant chains, has filed for Chapter 11 bankruptcy protection as it looks to restructure roughly $1.3 billion in debt and stabilize its finances. Several restaurant locations have been shuttered as a result, impacting many well-known restaurant chains across the country. Debt restructuring underway The company announced the filing in early [...]
Ohio-based brunch chain files for bankruptcy, closes nearly 75% of locations
A well-known Midwestern brunch restaurant chain has filed for bankruptcy after years of expansion followed by a wave of location closures. Taste of Belgium announced it filed for Chapter 11 bankruptcy protection on Jan. 6, 2026, a move the company says is intended to stabilize the business while continuing operations. The filing comes after the company significantly reduced its footprint in recent years amid rising costs [...]
Viral vegan burger chain shutters locations after bankruptcy filing
The once-fast-rising vegan burger brand Slutty Vegan has closed locations and entered bankruptcy proceedings as financial pressures mount on the Atlanta-born restaurant concept. The company, founded by entrepreneur Pinky Cole Hayes, filed for Chapter 11 bankruptcy protection earlier this year, citing mounting debt and operational challenges. Known for its provocative branding and plant-based comfort food, the chain had [...]
California peach farmers face massive losses after Del Monte closure
California’s agricultural heartland is facing a new financial shock, as the closure of a key fruit processing facility threatens to ripple across the state’s peach industry. Growers who have long depended on a stable buyer are now scrambling to figure out what comes next—just weeks before harvest planning intensifies. A sudden collapse in demand The bankruptcy of Del Monte Foods has led to the planned closure of its [...]
California pizza mini-chain faces closures amid repeated bankruptcy filings
A popular San Francisco Italian restaurant group known for its wood-fired pizzas and neighborhood dining rooms has faced financial turmoil after multiple bankruptcy filings tied to several of its locations. In fact, the group has filed for bankruptcy four times in a year. Multiple locations enter bankruptcy protection Fiorella, a small San Francisco restaurant group known for pizza and handmade pastas, has filed a series [...]
Major soup brand cutting more than one-third of jobs at Texas plant
A major food manufacturer known for its iconic canned soups is restructuring one of its U.S. facilities, resulting in significant layoffs. The move signals changing consumer demand and a shift in how the company manufactures some of its most recognizable products. A historic soup brand reshapes operations One of the most well-known American soup producers – Campbell’s – is restructuring operations at its manufacturing [...]
