Friday, August 16, 2019

Mall-based candy retailer files for bankruptcy; locked out of some stores

Chain Store Age
Things are not so sweet these days for Lolli & Pops.

Declining mall traffic and overexpansion have caught up with the San Francisco-based retailer, with parent company Mishti Holdings LLC filing for Chapter 11 bankruptcy protection on August 13. Prior to the filing, the company closed its 10 stores operating under the Candyopolis banner. (Lolli & Pops’s e-commerce site was shut down earlier this year.). . . more