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.
B. Riley-backed Vitamin Shoppe owner files for bankruptcy protection
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 ...
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.
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 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.
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.
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’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
Holding company Franchise Group Inc., also known as FRG, is filing for Chapter 11 bankruptcy protection, reports RetailWire.
Discount furniture chain shutting down all stores; Several Miami Valley locations impacted
Company leaders decided to shut down American Freight as it has “struggled due to sustained inflation and macroeconomic ...
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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 ...
American Freight owner files for bankruptcy, shuttering 370-store chain
American Freight is part of Delaware, Ohio-based Franchise Group Inc.’s holdings. The closure of the furniture and appliance ...
Arctic Blue Fish Oil Launches on Vitamin Shoppe
Arctic Blue fish oil is a Dutch supplement manufacturer that is proud to provide Omega-3 fish oil supplements for the entire family. The growing brand recently entered the United States market and is ...
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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 ...