Popular ice cream shop chain files for Chapter 11 bankruptcy

Frozen dessert fast-food chains are among the favorite shops that consumers enjoy visiting, but financial distress in some cases leads to bankruptcies and closings that disappoint customers. The ice cream shop industry reported 0.9% growth in 2025, according to data from IBISWorld, but still faces economic issues. "Despite the general increase in appetite for ice cream, significant challenges must be navigated," IBISWorld said in the report. Rising milk costs cut into ice cream profits Among the econo ...