Lenox Group, the maker of tableware and gifts, filed for Chapter 11 bankruptcy today. The company is trying to sell itself and expects to continue operations during the bankruptcy process. CEO Marc Pfefferle insisted that the company is "fundamentally sound" and "conducting business as usual," but that it had been overwhelmed by debt problems and current market conditions.
Lenox
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Timely Demise tracks the retail industry as it changes with our unprecedented economic environment. Published by David Wertheimer. Did I miss something? Drop me a line.
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This page contains a single entry by David Wertheimer published on November 24, 2008 4:27 PM.
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