Much like other restaurant chains that filed for Chapter 11 in 2025, the company says rising costs, lower demand and other "insurmountable" pressures on the industry are causes for the move. Bravo Brio previously filed for bankruptcy in 2020 and emerged from the proceedings a few months later after it was acquired by Earl Enterprises.

The company behind both Brio Italian Grille and Bravo! Italian Kitchen announced plans to close underperforming stores as it looks to regain its financial footing.

Giant auto parts company files bankruptcy. In the biggest auto parts bankruptcy so far this year, global giant Marelli Holdings Co. filed for Chapter 11 bankruptcy on June 11, lis