A major Wendy's operator has filed for Chapter 11 bankruptcy, pointing to increased operating costs, soaring beef prices and declining sales as drivers behind the decision. Meritage Hospitality Group, ...
Wendy's says it terminated its franchise deal with Grand Rapids-based company before bankruptcy. Nearly 60 locations affected in Michigan.
The company cited financial pressures, including what it described as “sustained system-wide headwinds affecting the broader Wendy’s brand." ...
The Grand Rapids-based franchisee owns more than 300 restaurants across the U.S. The locations are expected to continue ...
One of Wendy’s largest U.S. franchisees has filed for bankruptcy protection after Wendy’s tried to terminate its franchise ...
Franchisee Meritage Hospitality Group said it could close or sell underperforming locations.
A major Wendy’s operator has filed for bankruptcy. Michigan-based Meritage Hospitality Group, which operates 314 Wendy’s, one ...
Value City Furniture plans to close seven of its locations across Michigan by early next year and is offering discounts on all in-store merchandise. The closures are part of a recent Chapter 11 ...
The Grand Rapids-based company said the filing is intended to reduce pressure on its balance sheet and build a more ...
This story has been updated with new information. Hardee's restaurants across the U.S. have closed as a major franchisee undergoes bankruptcy, but Michigan locations won't be affected. ARC Burger LLC ...