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

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