Vitamin Shoppe, Pet Supplies Plus owner files for bankruptcy
Franchise Group, the owner of brands including the Vitamin Shoppe, Buddy’s Home Furnishings and Pet Supplies Plus, filed for bankruptcy protection after months of losses and turmoil surrounding its backer B. Riley Financial Inc.
Central Ohio-based owner of Vitamin Shoppe files for bankruptcy
B. Riley, which had participated in the management-led buyout of Franchise in 2023, has been under investor and media scrutiny involving its deal and warned in August its exposure to Franchise could result in a writedown and losses for the second quarter ended June 30.
Vitamin Shoppe Owner Franchise Group Inc. Files For Chapter 11
The Vitamin Shoppe will continue to trade after a deal brokered by owner FRG as it seeks buyers for its multiple brands amid retail struggles and shuts American Freight.
B. Riley-backed Vitamin Shoppe owner files for bankruptcy protection
Franchise Group, the company at the heart of a troubled management buyout that has devastated the stock of B. Riley Financial, has filed for bankruptcy — but plans to keep open most of its retail brands,
Franchise Group, Parent of The Vitamin Shoppe, Files for Bankruptcy
Lenders are vying to take control of 100 percent of the company in a debt-for-equity swap that would clean up the balance sheet.
Vitamin Shoppe Owner Franchise Group Files for Bankruptcy, Announces Restructuring
The Vitamin Shoppe owner Franchise Group has filed for Chapter 11 bankruptcy after reporting nearly $2 billion in debt, records show.
Vitamin Shoppe’s parent company declares bankruptcy
Maybe you haven’t heard of Franchise Group Inc. (FRG), but it owns the Vitamin Shoppe and a couple of other retailers. The company has just declared bankru
B. Riley-Backed Franchise Group Files for Bankruptcy
Franchise Group Inc., the owner of brands including the Vitamin Shoppe, Buddy’s Home Furnishings and Pet Supplies Plus, filed for bankruptcy protection after months of losses and turmoil surrounding its backer B.
Vitamin Shoppe Owner Franchise Group Files for Bankruptcy
Holding company Franchise Group Inc., also known as FRG, is filing for Chapter 11 bankruptcy protection, reports RetailWire.
B Riley Financial Faces Challenges Amid Franchise Group Bankruptcy
An announcement from B Riley Financial ( (RILY) ) is now available. B. Riley Financial faces significant challenges as Franchise Group enters
B. Riley plunges after Franchise Group files for bankruptcy protection
B. Riley Financial's shares plunged 15% in premarket trading on Monday, after Franchise Group, a company in which the bank has a substantial investment, filed for bankruptcy protection. The bank's stock has struggled this year amid investor concerns about its exposure to Franchise Group.
American Freight to close all stores nationwide; 4 in bi-state area
Furniture and appliance retailer American Freight has begun closing its stores nationwide, including four stores in the ...
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Vitamin Shoppe Parent Company Franchise Group Enters Chapter 11, Plans to Close American Freight
Franchise Group has filed for bankruptcy but Pet Supplies Plus, The Vitamin Shoppe and Buddy’s Home Furnishings will remain ...
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This Discount Home Retailer Is Headed to the Retail Graveyard
Bankrupt Franchise Group, a one-time suitor for Kohl's, shuts down home retailer American Freight but will keep open Buddy's ...
Suspect sought for armed robberies in Little Italy, South Loop
Chicago police are searching for a suspect who targeted four businesses in Little Italy and the South Loop Friday evening.