Popular ice cream shop chain files for Chapter 11 bankruptcy. Despite rising operational costs, ice cream shops saw 0.9% growth in 2025. Rising milk prices, tariffs, and inflation are cutting into ice cream shops' profits. Several ice cream chains filed for bankruptcy or closed locations. Tariffs on Canadian dairy products have also increased the cost of milk and butter that are essential for ice cream production, which drives up retail prices and reduces profit margins. MAGA