In June 2024, Arby’s filed for chapter 11 bankruptcy. Amid their financial hardships, it appears the restaurant chain may be under new management from a
Arby's sells roast beef sandwiches, they are not a pizza chain.
They didn't declare bankruptcy, in April or any other time. One franchisee declared bankruptcy for their 25 stores, Arby's has a total of 3,240 restaurants total.