After filing for bankruptcy, closing dozens of locations and facing mounting losses, a once-iconic seafood chain is now considering additional restaurant closings to stabilize its business and return to growth. For many customers, the chain’s financial woes signaled the potential end of an era, taking with it its Cheddar Bay crackers and popular Endless Shrimp … Read more
The spirits industry has struggled in 2025 with several distilleries filing for bankruptcy and in some cases closing operations. Many of the distillers blamed the economic difficulties on rising labor and product costs driven by inflation and changes in consumer attitudes towards spirits. Unfavorable economic issues have caused the US spirits industry to suffer a … Read more
The Great Recession in trucking shows no signs of ending anytime soon, as several iconic trucking companies are closing their doors for good. In some cases, shipping companies have filed for bankruptcy, with about 21 firms filing in the third quarter of 2025 and 20 companies in the second quarter. Also, major trucking companies have … Read more