No Result
View All Result
  • Login
Monday, August 3, 2026
theadvisertimes.com
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
No Result
View All Result
theadvisertimes.com
No Result
View All Result
Home Markets

Popeyes Franchisee Closes More Locations Following Bankruptcy Filing

by theadvisertimes.com
5 months ago
in Markets
Reading Time: 2 mins read
A A
0
Popeyes Franchisee Closes More Locations Following Bankruptcy Filing
Share on FacebookShare on TwitterShare on LInkedIn


Several additional Popeyes locations in the Southeast are shutting down as a major franchisee works through bankruptcy.

Court records obtained by USA TODAY show that Florida-based Sailormen Inc., which operates more than 130 Popeyes restaurants, said on March 10 it plans to close three Popeyes locations in Georgia.

The closures come about two months after the franchisee said it would be closing 17 locations in Georgia and Florida, according to court records.

Sailormen Inc. filed for Chapter 11 bankruptcy protection in January, citing reduced foot traffic and high inflation as the drivers of its decision. The company also pointed to liabilities tied to a failed 2024 deal to sell 16 restaurants as a contributing factor in the filing.

Here’s what you need to know.

Where Is Popeyes Closing?

The following three Popeyes are set to close, according to the March 10 court filing obtained by USA TODAY.

1817 Glynn Ave., Brunswick, Georgia
628 W Parker St., Baxley, Georgia
419 S Church St., Homerville, Georgia

The closures announced last week are in addition to the 17 closures listed by Sailormen Inc. in a court filing on January 26.

2005 Ohio Ave., North Live Oak, Florida
1601 S US Hwy., Ft. Pierce, Florida
5156 S Dale Mabry Hwy, Tampa, Florida
2729 SE Hwy 70, Arcadia, Florida
175 S Hwy 17, E Palatka, Florida
649 S McDuff Ave., Jacksonville, Florida
1124 N Young Blvd, Chiefland, Florida
27740 US 27, Leesburg, Florida
200 Green Way, Keystone Heights, Florida
812 S 6th St., Macclenny, Florida
1833 Kings Rd., Jacksonville, Florida
2015 N Wickham Rd., Melbourne, Florida
401 N 1st St., Jesup, Georgia
2106 Memorial Dr., Waycross, Georgia
1610 S Georgia Pkwy, West Waycross, Georgia
68 W Coffee St., Hazlehurst, Georgia
3319 Altama Ave., Brunswick, Georgia

What Did Popeyes Say?

Attorneys representing Sailormen Inc. did not immediately respond to USA TODAY’s request for comment.

When reached for comment, Popeyes referred to a previous statement from Peter Perdue, president of the chain in the United States and Canada. Perdue said Sailormen Inc.’s bankruptcy filing does not reflect broader challenges for Popeyes as a brand.

“A large majority of their restaurants are very profitable, in line with our system average (and some above average),” he said.

Fernando Cervantes Jr. is a trending news reporter for USA TODAY. Reach him at [email protected] and follow him on X @fern_cerv_.

This article originally appeared on USA TODAY: Popeyes franchisee closes more locations following bankruptcy filing

Reporting by Fernando Cervantes Jr., USA TODAY / USA TODAY

USA TODAY Network via Reuters Connect



Source link

Tags: bankruptcyclosesfilingfranchiseeLocationsPopeyes
ShareTweetShare
Previous Post

Best Christian Books and Devotionals for Teens

Next Post

US debt competes with record corporate bond supply, pushing up the cost of federal borrowing

Related Posts

California’s diesel prices have jumped since the Iran war started, with ripple effects across the country

California’s diesel prices have jumped since the Iran war started, with ripple effects across the country

by theadvisertimes.com
August 3, 2026
0

California is home to the highest fuel prices in the U.S. as well as the busiest containership port complex in...

Big Tech FIRED 700,000 People (It Didn’t Work)

Big Tech FIRED 700,000 People (It Didn’t Work)

by theadvisertimes.com
August 3, 2026
0

Skip to contentInvestment Watch Blog Menu Menu HomeAboutSubscribeMonthly Subscription6-Month SubscriptionYearly SubscriptionMember’s AreaMember HubLoginAccountPrivacy PolicyDisclaimerAugust 3, 2026, 6:52 pm by Alex...

The Pieces of AGI Are Falling Into Place

The Pieces of AGI Are Falling Into Place

by theadvisertimes.com
August 3, 2026
0

Every few weeks, another AI model does something that would have sounded impossible just a year or two ago. One...

Four Properties on a Teacher’s Salary by Buying Small, Affordable Homes

Four Properties on a Teacher’s Salary by Buying Small, Affordable Homes

by theadvisertimes.com
August 3, 2026
0

You know what’s best for you—that’s the advice today’s guest offers, and it’s the exact mindset that took him from...

Spokane Is On Fire! Hundreds Of Homes Have Burned Down As Massive Wildfires Rage All Over The Western U.S.

Spokane Is On Fire! Hundreds Of Homes Have Burned Down As Massive Wildfires Rage All Over The Western U.S.

by theadvisertimes.com
August 2, 2026
0

by MichaelThe map above is so crazy that I don’t even have the words to adequately describe it. It is...

Top analysts are bullish on these dividend stocks for passive income

Top analysts are bullish on these dividend stocks for passive income

by theadvisertimes.com
August 2, 2026
0

The uncertainty in the Middle East and concerns about the durability of the artificial intelligence boom and high spending continue...

Next Post
US debt competes with record corporate bond supply, pushing up the cost of federal borrowing

US debt competes with record corporate bond supply, pushing up the cost of federal borrowing

OpenSea delays SEA token launch as CEO cites challenging crypto market conditions

OpenSea delays SEA token launch as CEO cites challenging crypto market conditions

  • Trending
  • Comments
  • Latest
SEC pushes private market access, but retail is already in

SEC pushes private market access, but retail is already in

July 16, 2026
Fourth of July 2026 Freebies and Deals

Fourth of July 2026 Freebies and Deals

July 3, 2026
How I Maximize My Sapphire Reserve Dining Credit

How I Maximize My Sapphire Reserve Dining Credit

July 10, 2026
The Weekly Notable Startup Funding Report: 6/22/26 – AlleyWatch

The Weekly Notable Startup Funding Report: 6/22/26 – AlleyWatch

June 21, 2026
The 10 Largest NYC Tech Startup Funding Rounds of June 2026 – AlleyWatch

The 10 Largest NYC Tech Startup Funding Rounds of June 2026 – AlleyWatch

July 6, 2026
The 22 Largest US Funding Rounds of May 2026 – AlleyWatch

The 22 Largest US Funding Rounds of May 2026 – AlleyWatch

June 30, 2026
Palantir CEO Alex Karp celebrates 93% revenue growth as stock jumps after blockbuster earnings

Palantir CEO Alex Karp celebrates 93% revenue growth as stock jumps after blockbuster earnings

0
Cheap Media Voyeurism Feeds Surveillance Culture Tyranny

Cheap Media Voyeurism Feeds Surveillance Culture Tyranny

0
California’s diesel prices have jumped since the Iran war started, with ripple effects across the country

California’s diesel prices have jumped since the Iran war started, with ripple effects across the country

0
Backpack Exchange Lists TRX Spot And Perpetual Markets

Backpack Exchange Lists TRX Spot And Perpetual Markets

0
The 7 Largest NYC Tech Startup Funding Rounds of July 2026 – AlleyWatch

The 7 Largest NYC Tech Startup Funding Rounds of July 2026 – AlleyWatch

0
channel partner incentive programs

channel partner incentive programs

0
Palantir CEO Alex Karp celebrates 93% revenue growth as stock jumps after blockbuster earnings

Palantir CEO Alex Karp celebrates 93% revenue growth as stock jumps after blockbuster earnings

August 3, 2026
Market Talk – August 3, 2026

Market Talk – August 3, 2026

August 3, 2026
5 Home-Energy Assistance Documents Seniors May Need Before Applications Open

5 Home-Energy Assistance Documents Seniors May Need Before Applications Open

August 3, 2026
As PE crowds out RIA buyers, here’s what sellers need to know

As PE crowds out RIA buyers, here’s what sellers need to know

August 3, 2026
Palantir crushes earnings as AI demand sends revenue soaring 93% and prompts another guidance hike

Palantir crushes earnings as AI demand sends revenue soaring 93% and prompts another guidance hike

August 3, 2026
Trump Says Exxon and Chevron Profited Too Much During Iran War Oil Spike

Trump Says Exxon and Chevron Profited Too Much During Iran War Oil Spike

August 3, 2026
theadvisertimes.com

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Economy
  • Financial Planning
  • Investing
  • Market Analysis
  • Markets
  • Money
  • Personal Finance
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Palantir CEO Alex Karp celebrates 93% revenue growth as stock jumps after blockbuster earnings
  • Market Talk – August 3, 2026
  • 5 Home-Energy Assistance Documents Seniors May Need Before Applications Open
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • About Us
  • Contact Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.