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Crippled Kahala Buys Troubled Tasti D-Lite

Tasti D-Lite signSCOTTSDALE, Ariz. – Fast food franchising conglomerate Kahala Brands of Scottsdale, Arizona announced that it has bought Brentwood, Tennessee-based franchising firm Tasti D-Lite.

Which RadioShack Stores Set to Close?

According to RadioShack's bankruptcy plan, somewhat over half of its 4,000 company-owned stores are on the chopping block and the remaining 1,784 are likely to become co-branded Sprint stores.<

RadioShack Files for Chapter 11 Bankruptcy

In a release on Thursday evening RadioShack announced that it has filed for bankruptcy and that it has agreed for an affiliate of hedge fund Standard General, General Wireless, to purchase between 1,500-2,400 of its U.S. stores.

What Was Learned from a Failed FroYo Franchise?

A Menchie's store in Louisville is auctioned off
A Menchie's frozen yogurt store in Louisville is auctioned off. Photo/bmm

28-year old A.J. Russo has already had to deal with failure of his business, a Yofresh Yogurt Café franchise in Lebanon, Pennsylvania.

Quiznos Says It Exited Bankruptcy; Court Says Differently

Quiznos Cube
Covered Quiznos sign as flagship store shuttered. photo/bmm

DENVER – Quiznos issued a press release yesterday that declared Quiznos has successfully completed its financial restructure and has emerged from Chapter 11. But bankruptcy court documents show otherwise. 

Ex-Quiznos Executives File Objection to Hedge Fund Lawsuits

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Escalator to Rick Schaden executive team headquarters

DENVER – Although Quiznos CEO Stuart Mathis assured concerned franchisees less than a month ago that the company didn’t expect any problems with its Chapter 11 bankruptcy, there is now a disturbing glitch in their plan.

New Look at Sbarro's Chapter 11 Bankruptcy

sbarro in NYC
Sbarro in downtown New York City. Photo by ps

For the second time since 2011, Sbarro has filed for Chapter 11 bankruptcy.

Struggling Brands Include Sbarro, Quiznos, Radio Shack

Sbarro PWS4607 Seven brands that were once the “darlings of malls and shoppers” are now struggling financially and closing stores.

Buying a Franchise: Is Your Only “Plan B” Bankruptcy?

People get married believing they will remain married and happy the rest of their lives. Over 50% of marriages end in divorce; a higher percentage “fail”.

60 Percent of Small Businesses Close Soon after Hacked

Cyber attacks have increased a whopping 600 percent in the last year, according to a Fox Business report.