One of the America’s biggest baking companies, Hostess Brands, which owns the iconic Twinkies brand, has filed for bankruptcy. The Texas-based company operates 36 bakeries in the United States and employs...

US regional supermarket operator Bi-Lo announced yesterday (13 May) that it has completed its financial restructuring and emerged from Chapter 11 bankruptcy protection.”Today is a great day for Bi-Lo,...

US supermarket group Bi-Lo has indicated that it expects to emerge from Chapter 11 bankruptcy protection in May, after a South Carolina court approved its reorganisation plan.BI-Lo, which operates 207...

Sweetener manufacturer Merisant has filed for Chapter 11 bankruptcy in the US as they seek to restructure their balance sheet in order to free up funds for supporting a sweetener derived from the stevia...