A Virginia-based condiment startup that set out to reinvent ketchup has gone bankrupt. True Made Foods, a small but ambitious food company that marketed itself as a healthy alternative to Heinz, filed for Chapter 11 bankruptcy protection in late October, marking the end of a decade-long battle to disrupt the condiment aisle. Let's see where it stands now. Founded in 2015 by veteran entrepreneur Abe Kamarck, True Made [...]
It’s back: Florida’s most controversial restaurant chain emerges from bankruptcy
Hooters — one of America’s most recognizable and controversial restaurant chains — is officially coming back from bankruptcy. After months of uncertainty, the Florida-based brand is emerging from Chapter 11 with a new ownership structure, a leaner business model, and a plan to focus entirely on franchised restaurants. The restructuring marks a major turning point for the chain, which filed for bankruptcy protection earlier [...]
Beloved Ohio burger chain vanishes overnight — all locations now closed
Another familiar name in Ohio dining has disappeared — and this time, it’s Dolly’s Burgers & Shakes. Its parent company, Big Boy Restaurant Group, announced that all six Dolly’s locations in Southwest Ohio have permanently closed, ending the short-lived comeback effort that began earlier this year. The sudden shutdown affects Dolly’s diners in the Cincinnati and Dayton areas, which had taken over former Frisch’s Big Boy [...]
Texas abruptly loses 500+ jobs as 2 factories close amid deepening unemployment crisis
Texas is reeling from two latest blows in the food-industry sector this year, with major employers shutting down operations and leaving hundreds of workers without jobs. Meal-kit provider HelloFresh recently closed its distribution centre in Grand Prairie, laying off about 273 employees. The company said it was consolidating functions into its Irving site to reduce costs and boost efficiency. And unfortunately, that's [...]
Michigan rocked by another factory shutdown as recession fears spread
Michigan has had a rough 2025, and unfortunately the end of the year isn't looking any better. Manufacturing jobs are fleeing the states as factories close left and right... And unfortunately, yet another factory has recently gone under. Michigan’s food-manufacturing sector took another hit this year when a longtime snack plant ceased operations, leaving dozens of workers without jobs and adding to the wave of [...]
“#1 Mexican restaurant in America” bankrupt and shutting down locations rapidly
Abuelo’s Mexican Restaurant, once celebrated as one of America’s top Mexican dining chains, is now fighting to survive. The Texas-based brand has filed for Chapter 11 bankruptcy and rapidly closed dozens of restaurants, shrinking from around 40 locations to 15 remaining nationwide (per its website). From peak popularity to financial trouble Founded in 1989 in Amarillo, Texas, Abuelo’s was once a go-to spot for Tex-Mex [...]
