Bankrupt beer brand and brewery abruptly shuts down
Yahoo Financeยท2025-11-20 01:37
The brewery industry has faced rising costs and falling demand. Tariffs have increased packaging costs. A number of well-known beer brands have closed. Many companies enter Chapter 11 bankruptcy with a sense of hopefulness. Filing gives a company time to negotiate with creditors, landlords, and vendors. Sometimes it brings meaningful financial relief that allows a company to fix its finances and put a cost structure in place so the business can continue, or even thrive. That can take a lot of for ...