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.
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
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.
B. Riley-backed Vitamin Shoppe owner files for bankruptcy
Riley Financial, has filed for bankruptcy — but plans to keep open most of its retail brands, including Vitamin Shoppe. The retailer filed for Chapter 11 bankruptcy protection on Sunday, announcing it already had a deal with about 80% of its senior ...
Franchise Group, Owner Of Vitamin Shoppe And Other Retail Chains, Files For Bankruptcy
The restructuring wipes out B. Riley Financial’s investment in the company, which occurred just over a year ago.
Vitamin Shoppe owner files for bankruptcy
Franchise Group, which also runs Pet Supplies Plus and Buddy’s Home Furnishings, will shut down American Freight starting this week.
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.
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.
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-Backed Franchise Group Prepares to File for Bankruptcy
Franchise Group Inc., the owner of brands including The Vitamin Shoppe and Pet Supplies Plus, is preparing to file for bankruptcy as soon as this weekend following months of losses and turmoil surrounding its founder and a major backer,
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.
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Vitamin Shoppe Hits Chapter 11 Following Costly Take-Private Deal
The owner of Vitamin Shoppe, Franchise Group Inc., filed for Chapter 11 bankruptcy in Delaware, citing over $1 billion in ...
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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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Two More Huge National Retailers, With 700 Stores Each, Declare Bankruptcy
While there has been no word on the future of the country's 695 Vitamin Shoppe locations or 720 Pet Supplies Plus stores after the bankruptcy, FRG has said that the lenders taking control of company ...