Mexican fast-food chain Qdoba Restaurant Corp. raised $305 million to refinance debt by pledging its franchise agreements and other assets, opting for a funding tool that’s dropped in popularity this ...

A “re-Hooterization” is planned for the casual sports bar chain if two franchisee groups are able to buy dozens of corporate restaurants as the company navigates Chapter 11 bankruptcy. Hooters, in ...

For the second time in less than five years, Bar Louie filed for bankruptcy. The casual dining franchise filed in early 2020 and again last week, stating Bar Louie reached a deal with a lender to ...

(NewsNation) — American households owe a record $18.4 trillion, and federal data shows complaints about aggressive debt collection have surged over the past year. The Federal Trade Commission logged ...