Hooters, the iconic restaurant chain known for its wings and waitresses in bright orange shorts, has filed for Chapter 11 bankruptcy—but insists the brand isn’t folding. The company announced the move on Monday, March 31, 2025, revealing plans to sell all 100 of its...
True Value, a well-known hardware store chain with a 75-year history, has declared bankruptcy and announced plans to sell most of its operations to rival company Do it Best. This move comes as the company faces financial difficulties amid a slowdown in the housing...