Rebuilding from the ground up
Cork and Olive
Tampa
Tampa
This Florida wine retail franchise grew to eight company-owned stores and nine franchisees before filing for Chapter 11 bankruptcy in June 2008, just four years after it opened. All the company-owned stores shuttered, laying off 40 workers. News of the filing didn't reach franchisees until a laid-off worker from a company applied for a job at a franchisee's store. Today, the franchisees meet regularly to discuss how to keep their brand alive without the parent company.
NEXT: Bennigan's: Still here
LAST UPDATE: Jul 21 2009 | 4:01 PM ET
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