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Major candy company files Chapter 11 bankruptcy in Halloween week
Yahoo Finance· 2025-10-27 15:33
The retail sector has battled a variety of economic challenges this year that have resulted in a decline in revenues for certain companies and financial distress. Retailers have often blamed higher costs of labor and products driven by rising inflation, increased interest rates on their debt obligations, changing consumer preferences for brick-and-mortar retail shopping, and lingering effects of the pandemic. In some cases, those specific economic issues didn't contribute significantly to companies' dist ...