The landscape of American family dining has shifted once again as Lena Brands, the parent company of the iconic Shari’s and Coco’s Bakery chains, filed for Chapter 11 bankruptcy protection earlier this month. The filing reveals a harrowing account of a business caught in a "death spiral" of high-interest debt, specifically driven by a reliance […]

NEW YORK — In a move that signals the definitive end of one of the most aggressive and controversial expansion eras in the American restaurant industry, a federal bankruptcy court has approved the multi-part sale of Fat Brands’ extensive portfolio. The transactions, detailed in court filings released Tuesday, May 21, 2026, will see the company’s […]

NEWPORT BEACH, CA — In a move that signals ongoing shifts within the California Quick-Service Restaurant (QSR) landscape, National Franchise Sales (NFS) has officially been engaged to manage the marketing and sale of approximately 50 Carl’s Jr. restaurant locations. These units, currently operated by Sun Gir Incorporated and its various affiliated entities, are being divested […]