Candy Company Files for Bankruptcy Days Before Halloween
CandyWarehouse.com faces financial strain with sales dropping 10-20% last year and chocolate prices rising 10.8%, impacting consumer spending this Halloween season.
9 Articles
9 Articles
Major US candy company files for bankruptcy just one week before the biggest candy day of the year
CandyWarehouse.com, a Texas-based online candy seller, has filed for bankruptcy. The company faces financial difficulties with more debts than assets. This comes as consumers increasingly seek healthier treats and react to rising prices. Global cocoa price hikes also impact the industry. Candy Warehouse's filing occurred just before Halloween, a major candy sales period.
CandyWarehouse’s Halloween Horror: Major Online Candy Retailer Files for Bankruptcy Days Before Oct 31
CandyWarehouse’s decision is unusual timing. The online sweets retailer said in court filings that it is insolvent and unable to pay its debts. Bankruptcy records confirm the Chapter 11 petition lists roughly $100K–$500K in assets versus $1M–$10M in debts pacermonitor.com. A hearing is set for Oct 29 on motions to continue operations (such as paying workers and suppliers), so CandyWarehouse can restructure rather than liquidate whatnow.com. In a…
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