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This Failing Midwest Donut Chain Just Filed For Bankruptcy By Bobby Lewis Nov. 5, 2025 11:32 am EST

Photography By Tonelson/Getty Images

As a 64-year old chain of donut shops, Jack's Donuts is a beloved part of many Midwest communities — or perhaps was — since it filed for Chapter 11 bankruptcy at the end of October, after over a year of declining business and unpaid bills. Jack's Donuts plans to remain open through the process, and the company claims that independently owned locations will not be affected. But how did a seemingly stable business slide into financial hardship?

Since opening in 1961, Jack's Donuts grew from one location in New Castle, Indiana, to 24 stores, including 14 franchise shops, built on the back of delicious donuts made in-house. However, it appe

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