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Freddy's franchisee files for bankruptcy. What it means for other restaurants.

M&M Custard cited negative earnings and regulatory challenges in Illinois as reasons for closing 11 Chicago stores while keeping 31 locations open across six states.

Summary by USA Today
M&M Custard filed for Chapter 11 bankruptcy Nov. 14. See where they closed restaurants.

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USA Today broke the news in United States on Thursday, November 20, 2025.
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