Last week’s bankruptcy of Sugarfina -- the “candy store for grown ups” -- was a reminder that loans and credit extended to such companies seem to go sour with some regularity.
- Sugarfina has 44 “candy boutiques” plus online and wholesale outlets with sales of $47 million last year, according to court papers. But the luxury confectionary chain was hurt by some of the same problems dragging down mall-based retailers.
- That may sound familiar to Lolli and Pops, another mall-dependent candy chain with about 70 locations, which went bust in August. FTD Inc., which dispatches sweets to sweeties along with flowers, ...
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