Diana Gariglio-Clelland

A large restaurant franchise operator is facing financial collapse after filing for Chapter 11 bankruptcy, putting dozens of well-known casual dining locations across several Southern states at risk. The company has already shut down multiple restaurants as rising costs and weaker consumer spending continue to pressure the industry.  Franchisee files for Chapter 11 Neighborhood Restaurant Partners Florida, an [...]

A major fast-food chain is quietly reducing its footprint across the United States, and Illinois is among the states seeing the biggest impact. As Wendy's continues closing underperforming restaurants, the Prairie State has emerged as one of the hardest-hit markets in the company's restructuring effort. Wendy's closures add up in Illinois Wendy's has been moving forward with a plan to close hundreds of lower-performing [...]

Costco and Sam's Club dominate the warehouse club industry, attracting millions of shoppers with bulk discounts, low-cost fuel and exclusive member perks. While both retailers offer similar benefits, each has advantages that may make it a better fit depending on shopping habits. Membership costs The two chains are priced similarly. Costco's standard Gold Star membership costs $65 per year, while its Executive membership [...]

Florida’s restaurant industry is continuing to feel the pressure of rising costs and weaker consumer spending, and now another major fast-food chain is quietly shutting down locations across the state. The closures are tied to the bankruptcy of one of the brand’s largest franchise operators, which oversees more than 100 restaurants throughout the Southeast. Multiple Florida locations have already gone dark as the company [...]

Florida is losing more than just another restaurant chain. It’s losing one of the few major dining brands that actually started there. Bahama Breeze, the Caribbean-themed casual dining chain founded in Orlando in 1996, has officially begun a full exit from Florida as parent company Darden Restaurants closes and converts the brand’s remaining locations. A Florida original disappears For years, Bahama Breeze felt [...]

Another major fast-food chain is quietly shrinking its footprint, and one state is feeling the impact more than most. As Wendy's moves forward with a plan to close 300+ underperforming restaurants nationwide this year, Texas has emerged as one of the biggest hotspots for location losses. Wendy’s closures nationwide The fast-food chain has announced plans to close hundreds of lower-performing locations across the United [...]