business
Bankrupt fried chicken chain franchisee closes more locations
Key takeaways
- Despite the sector's popularity, major fried chicken chain franchisees operating Popeyes restaurants are filing for bankruptcy protection and closing locations.
- Popeyes franchisee Liberty Restaurants Holdings, which operates Popeyes restaurants in Upstate New York, closed a location in Cicero, N.Y.
- The franchisee, however, might be forced to reject the leases of approximately 33 locations it could not sell and permanently close them.
Bankrupt fried chicken chain franchisee closes more locations Kirk O’Neil Fri, June 26, 2026 at 10:07 PM GMT+7 3 min read Diners parked in drive-thru lines at Raising Cane's Chicken Fingers or Chick-fil-A restaurants are helping to drive the popularity of the fried chicken fast-food industry.
Fried chicken dining chains were the most popular subsector of the fast-food industry in 2025, as traffic to chicken concepts rose 3% for the year ending September 2025, while all concepts dropped 1% compared to the previous year, according to market research firm Circana.
Despite the sector's popularity, major fried chicken chain franchisees operating Popeyes restaurants are filing for bankruptcy protection and closing locations.
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