A candy company based in Texas has filed for bankruptcy, just days before Halloween, a peak season for the confectionery industry.
Candy Warehouse filed for Chapter 11 bankruptcy on Friday in the Northern District of Texas, citing a decline in sales.
Founded in 1998, Candy Warehouse is a woman-owned, minority family business that specializes in online bulk candy and snack product sales from its warehouse in Carrollton, Texas, according to its website .
The company caters to a variety of businesses and individuals, including hotels and resorts, hospitals, zoos, theme parks and restaurants.
In the candy company’s petition, it listed between $100,000 and $500,000 in assets and between $1 million to $10 million in liabilities. Candy Warehouse estimated its assets at approximately $224,00

MassLive

JAM'N 94.5
The Daily Beast
cleveland.com
Detroit Free Press
Deadline
Butler Eagle
WCBD News 2
NewsNation Crime
WILX News 10
New York Post
New Hampshire Union Leader
Raw Story