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The toy retailer says in court documents that the filing was necessary because it has struggled to cope with inflation, rising labour costs and other headwinds. …
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The type of bankruptcy allows WeightWatchers to continue operating while it restructures its assets and fights to continue operating. …
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The company says it has been facing significant pressures, including subdued consumer spending, U.S. trade tensions and post-pandemic drops in downtown store traffic. …
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Tupperware Brands filed for Chapter 11 bankruptcy protection late on Tuesday, succumbing to mounting losses amid poor demand for its once-iconic food storage containers. …
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