Popular Dairy Queen rival franchisee files Chapter 11 bankruptcy
The popular Dairy Queen rival franchisee plans to reorganize its business.
The ice cream retail sector has faced financial challenges over the last year that integrated a vital chain closing down and promoting off its sources, every other shutting down in an organization dispute, and loads of alternative others submitting for financial be troubled protection.
Bankrupt drugstore chain Ceremony Assist is liquidating its sources, which comprises a sale of its Thrifty Ice Cream stamp for $19.2 million to Hilrod Holdings LP, whose extraordinary partner, Hilton Schlosberg, would possibly be co-founder and CEO of Monster Beverage Corporation.
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