KBEAR: Billings' Greatest Hits » Bankruptcy

Welcome Back…

Greg Tillotson — Mon, 13 May 2013 13:12:51 +0000

They’re back! The Sweetheart Bakery in Billings closed last fall during a nationwide strike against the Hostess Brands. But like a Phoenix rising from the ashes, delivery of the tasty treats is scheduled to resume today after re-opening under new ownership. Great news for all twinkie, ding dong and cupcake fans! United States Bakery inc. [...]

California City Will Be the Largest to Ever Declare Bankruptcy

Shauna Wright — Wed, 27 Jun 2012 22:00:25 +0000

California has certainly had its share of financial woes, and now the city of Stockton, about 80 miles east of San Francisco, is set to become the largest American municipality to declare bankruptcy. The city of nearly 300,000 people is $26 million in debt, and City Manager Bob Deis said that while deals were being [...]

Restaurant Chain Friendly's Files for Chapter 11 Bankruptcy

Shauna Wright — Wed, 05 Oct 2011 21:00:59 +0000

Citing the economic downtown and rising food costs, the parent of the Friendly’s restaurant chain filed for Chapter 11 bankruptcy protection on Wednesday and closed 63 underperforming stores.

The 76-year-old franchise, based in Wilbraham, Massachusetts and known for its ice cream and hamburgers, will continue to operate more than 400 restaurants as it restructures.