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Chain Apocalypse. This year was a bloodbath for retail and dining businesses. In the first nine months of 2024, business bankruptcy filings skyrocketed 33.5%, jumping from 17,051 to 22,762.
Here are the 10 notable restaurant chains that filed for bankruptcy protection in 2024: Roti Mediterranean fast-casual chain Roti filed for Chapter 11 bankruptcy protection on Aug. 23.
Some diners still find it hard to believe that the world’s largest seafood restaurant chain filed for bankruptcy. ... 8 Popular Companies That Went Bankrupt in 2024. Show comments. Advertisement.
Pages in category "Companies that filed for Chapter 11 bankruptcy in 2024" The following 170 pages are in this category, out of 170 total. This list may not reflect recent changes .
One location reopened under new ownership in April 2024 in Tucson AZ. Tasty Made; Texas Land and Cattle – peaked at 20 locations, only 1 remains in Austin; Two Pesos; Valle's Steak House; Velvet Turtle; Victoria Station – one restaurant remained open in Salem, Massachusetts until it was abruptly closed in December 2017 [13]
Joann. The 81-year-old fabric and craft retailer filed for bankruptcy in March, falling victim to customers cutting back on spending, including on fabric, arts and supplies materials. Joann’s ...
Howard Johnson's was the largest restaurant chain in the U.S. throughout the 1960s and 1970s, with more than 1,000 combined company-owned and franchised outlets. [2] Today, the chain is defunct—after dwindling down to one location, the last Howard Johnson's restaurant (in Lake George, New York) closed in 2022 due to the COVID-19 pandemic. [3]
The once-popular chain is close to bankruptcy. ... 2024 at 4:45 PM. ... It is looking for a buyer and will likely file for Chapter 11 bankruptcy protection. About 200 restaurants are left standing.