On The Border closes doors after a rocky comeback The Tex-Mex chain shuts company stores one year after a bankruptcy rescue On The Border Mexican Grill and Cantina closed every company-owned restaurant Friday, June 12. The closures came just over a year after Pappas Restaurants acquired the chain out of bankruptcy. For a brand…
Chapter 11 bankruptcy
Are Smokey Bones restaurants gone for good?
Smokey Bones restaurants closed every single one of their remaining locations on April 28, 2026, and the way it happened made the news as much as the closure itself. Customers showed up to find locked doors and paper signs taped to the glass. Employees at multiple locations across the country said they found out the…
QVC collapse crisis as debt pushes bankruptcy filing
Courtesy:QVC QVC Group is moving toward a Chapter 11 bankruptcy filing as it attempts to stabilize its finances under the weight of a $6.6 billion debt load and ongoing declines in traditional television viewership. The company said in a regulatory filing that it expects to begin proceedings in the Southern District of Texas, with a…