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Benzinga
Benzinga
Business
Anthony Noto

Deal Dispatch: Big Retailers Wreak Halloween Havoc On Sugar Land Candy Company

Deal Dispatch Sugar Land JAMF Phil McGraw Securitize AOL Axios Bending Spoons Humain Nasdaq
benzinga_deal_dispatch2

This year’s Halloween isn’t so sweet for CandyWarehouse.com. The Sugar Land, Texas-based company went bankrupt, listing up to $500,000 in assets.

President Mimi Kwan told Today.com that the small, family-run company struggled to compete with Amazon.com Inc. (NASDAQ:AMZN), Target (NYSE:TGT), and Walmart (NYSE:WMT). As a result, CandyWarehouse filed for Chapter 11 with $10 million in debt.

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