A beloved candy company has filed for Chapter 11 bankruptcy during Halloween week, leaving fans heartbroken and industry watchers analyzing the impact on the confectionery market.
CandyWarehouse.com, Inc., known for its iconic sweets and seasonal treats, has begun a restructuring process aimed at keeping the brand alive while addressing mounting debts.
Despite decades of success, the company struggled to keep pace with shifting consumer tastes, supply chain challenges, and rising production costs.
No comment from the company.
Author's summary: CandyWarehouse.com, Inc. files Chapter 11 bankruptcy.