| | Comments (0) | Retweet

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.

0 TrackBacks

Listed below are links to blogs that reference this entry: Lenox.

TrackBack URL for this entry: http://www.netwert.com/mt/mt-tb.cgi/412

Leave a comment

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.

About this Entry

This page contains a single entry by David Wertheimer published on November 24, 2008 4:27 PM.

The day in bankruptcies, Nov. 20 was the previous entry in this blog.

Timely Demise: now open for business is the next entry in this blog.

Find recent content on the main index or look in the archives to find all content.