bankruptcy

The report of Red Lobster's demise may have been a bit premature after all. It appears that 25 Illinois locations may have just been saved from bankruptcy thanks to a sale in the 11th hour.

The struggle continues for many food franchises as a company that owns many Pizza Hut locations in Illinois has reportedly filed for bankruptcy.

It's not easy trying to be a restaurant these days and national chains are certainly not excluded. Multiple reports say that a pizza chain that currently has 22 restaurants in Illinois is exploring bankruptcy possibilities.

Have you ever heard bad news that is also mixed with some potential good news, too? That could be what's happening with a furniture chain in Illinois that has announced they are declaring bankruptcy and will be closing stores, but there might be a silver lining at the end of it for Illinois, too.

One of the largest craft and fabric retailers in the country officially filed for Chapter 11 bankruptcy with 35 locations in Illinois. What does the future look like for Joann Fabrics?

One of the largest craft and fabric retailers in the country is on the brink of Chapter 11 bankruptcy with 35 locations in Illinois.

There is a report from a national finance site that a major craft chain with 35 stores in Illinois may have filed bankruptcy.

This is a story that is being told nearly every day. Old Time Pottery has filed Chapter 11 bankruptcy and the Rockford store will be closing.

J.C. Penney will begin closing 154 of its stores next week in what it is calling the first phase of its efforts to shrink its footprint.

After almost sixty years, the home furnishings retailer is closing all of their 540 stores, And right now, you can score 40% off deals.