Parent company of Pet Supplies Plus and The Vitamin Shoppe files …

Nov 6, 2024 · The owner of several well-known retail brands, including Pet Supplies Plus, The Vitamin Shoppe and Buddy's Home Furnishings, has filed for Chapter 11 ...

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Vitamin Shoppe Owner Files For Chapter 11 Bankruptcy

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Nov 5, 2024 · Prior to the bankruptcy, FRG held secondary liability on real estate leases for Pet Supplies Plus and Vitamin Shoppe franchisees, with obligations totaling $34.4M and $30.2M. …

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Vitamin Shoppe Owner's Bankruptcy - LinkedIn

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Nov 4, 2024 · Franchise Group, the parent company of Vitamin Shoppe and Pet Supplies Plus, filed for bankruptcy protection a year after B. Riley Financial, an investment bank, led a $2.8 …

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FAQs about Parent company of Pet Supplies Plus and The Vitamin Shoppe files … Coupon?

Who owns Pet Supplies Plus & Buddy's home furnishings?

The owner of several well-known retail brands, including Pet Supplies Plus, The Vitamin Shoppe and Buddy's Home Furnishings, has filed for Chapter 11 bankruptcy protection in U.S. Bankruptcy Court for the District of Delaware. Those brands are owned by Franchise Group, Inc., which is seeking to restructure its operations. ...

Who owns Vitamin Shoppe & Pet Supplies Plus?

Franchise Group owns the Vitamin Shoppe chains. Photo: John Nacion/NurPhoto/Zuma Press Franchise Group, a holding company that owns the Vitamin Shoppe and Pet Supplies Plus chains, filed for bankruptcy Sunday amid an investigation by federal authorities looking into its founder’s dealings with major shareholder B. Riley Financial. ...

Is Pet Supplies Plus still a good company?

Vendors with questions can email [email protected]. According to Pet Supplies Plus, it is continuing to serve customers as usual – both in-store and online. In addition, Pet Supplies Plus has continued to deliver strong growth and positive cash flows, and it expects to continue this growth, regardless of the financial position of FRG. ...

Does PSP have a Chapter 11 bankruptcy?

DELAWARE, OHIO — Franchise Group, parent company of Pet Supplies Plus (PSP), has filed for Chapter 11 with the US Bankruptcy Court for the District of Delaware. The company announced it has entered into a restructuring support agreement (RSA) to strengthen FRG’s capital structure and best position its brands for continued growth. ...

Will Pet Supplies Plus continue to grow despite FRG's financial position?

In addition, Pet Supplies Plus has continued to deliver strong growth and positive cash flows, and it expects to continue this growth, regardless of the financial position of FRG. “Our parent company’s filing is in no way a reflection of the financial strength of our individual brand or our growth prospects. ...

Is Pet Supplies Plus (PSP) a good investment?

While it is unfortunate that FRG’s financial challenges necessitated this action, Pet Supplies Plus (PSP) remains strong and well positioned for success today and into the future. PSP has continued to deliver strong growth and positive cash flows. PSP expects to continue this growth, regardless of the financial position of FRG. ...