Major candy company files Chapter 11 bankruptcy in Halloween week
NegativeFinancial Markets

In a surprising turn of events during Halloween week, a major candy company has filed for Chapter 11 bankruptcy, highlighting the ongoing struggles within the retail sector. This filing underscores the financial distress many retailers are facing due to rising inflation and increased interest rates, which have significantly impacted their revenues. As consumers prepare for the holiday season, this situation raises concerns about the availability of popular treats and the overall health of the retail market.
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