Restaurants

Casual-dining and full-service restaurant chains hit one of their worst bankruptcy stretches on record in 2024–2025 — Red Lobster, TGI Fridays, Hooters, Buca di Beppo, Rubio's and On The Border among them. Oversized footprints, heavy lease costs, softening traffic and rising food and labor costs pushed chain after chain into Chapter 11. We track the public distress signals across the sector.