These companies ran out of options and entered bankruptcy. Highly leveraged companies struggled even before the pandemic shut down businesses, but many ran out of options after restructuring attempts.

NEW YORK -- There's no way to sugarcoat it: 2020 was a brutal year for restaurants and stores. The pandemic, massive amounts of debt and a shift in shopping as well as dining habits created a lethal ...

The number of people filing for bankruptcy could set records next year. And, while bankruptcy reform artificially spurred the 2005 record of nearly 2.1 million cases filed, this peak will be all about ...

Strong operating performances led to last year's decline in retail bankruptcies, as did the wave of companies that filed in 2020, according to a new report from Fitch Ratings. Analysts noted that the ...

Explore the chain restaurants making a comeback after bankruptcy through restructuring, rebranding, and refreshed menus.

NEW YORK -- There's no way to sugarcoat it: 2020 was a brutal year for restaurants and stores. The pandemic, massive amounts of debt and a shift in shopping as well as dining habits created a lethal ...

(CNN) — There’s no way to sugarcoat it: 2020 was a brutal year for restaurants and stores. The pandemic, massive amounts of debt and a shift in shopping as well as dining habits created a lethal ...