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Harry & David Will File for Chapter 11 Bankruptcy

submitted on March 27, 2011 by HouTex in "Stores / Merchants"
Harry & David Holdings Inc., the specialty gourmet fruit retailer known for its wonderful gift baskets and popular Moose Munch snacks, is preparing to file for Chapter 11 bankruptcy protection in a Delaware court as soon as tomorrow morning, 3/28/11. Although it hoped for better, the company had a weak holiday sales season, and their gross profit fell 20.6 percent for the quarter ending Dec. 25, 2010.

http://dealbook.nytimes.com/20.....ankruptcy/

           

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  • 109006
    clover
    professor
    1 6 7
    12 11 2
    Posted by clover on March 28, 2011 [reply] 0 0
    That's sad! I hope this isn't the end for them! I love their Moose Munch!
  • 109017
    pablos17
    deity
    2 4 6
    10 8 2
    Posted by pablos17 on March 28, 2011
    [reply] 1 0
    I really hope that they will keep their products in circulation. If not, I'll miss the gift basket I get from my boss every year for the holidays. Sad

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