KB US Holdings, the owner of Kings Food Markets and Balducci's, has filed for bankruptcy.
KB US Holdings, the parent company of the two supermarket chains, said in court papers that the pandemic-fueled sales boost has provided "a brief respite from its liquidity challenges." "Accordingly, it is more critical than ever for the Debtors to execute their sale strategy expeditiously and continue as a going concern to save jobs and supply their communities with necessary good," the company said.
They know bankruptcy will erase all debt and liabilities! After that, they can restart their business as if nothing happened! One of the greatest loopholes for filing bankruptcy!
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Best Buy saw a 242% surge in online sales, as shoppers turned to ecommerce - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Sumber: BusinessInsider - 🏆 729. / 51 Baca lebih lajut »
DoorDash has launched its grocery delivery service in select regions - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Very clever and is the future .
Sumber: BusinessInsider - 🏆 729. / 51 Baca lebih lajut »
Pandemic paves way to chains to 'swallow up' independent restaurants - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. More eating at home, in the future. Stop stealing my brilliant observations The dirty globalist reset.
Sumber: BusinessInsider - 🏆 729. / 51 Baca lebih lajut »
Palantir publicly filed for an IPO - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Sumber: BusinessInsider - 🏆 729. / 51 Baca lebih lajut »
Palantir is said to ready S-1 filing as soon as Monday - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Sumber: BusinessInsider - 🏆 729. / 51 Baca lebih lajut »
Asana just filed its S-1 to go public via a direct listing - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. What makes asana unique versus SlackHQ zoho etc? im bullish AF
Sumber: BusinessInsider - 🏆 729. / 51 Baca lebih lajut »