Discount Retailer Plans To Close Its Stores In Ch. 11

By Rick Archer · October 10, 2024, 5:54 PM EDT

The parent of secondary market retail chain operator Channel Control Merchants on Thursday filed for Chapter 11 protection in Delaware bankruptcy court with more than $76 million in debt and plans...

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Bankruptcy Scorecard

Summary

HDC Holdings, the parent of secondary market retail chain operator Channel Control Merchants, filed for bankruptcy with plans to wind down and close 68 retail locations by the end of the year.

Case Number

24-bk-12307

Judge

Thomas M. Horan

Venue

U.S. Bankruptcy Court for the District of Delaware

Capital Structure

Total Liabilities:

$76 million

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Documents

Related Sections

Case Information

Case Title

HDC Holdings II, LLC

Case Number

1:24-bk-12307

Court

Delaware

Nature of Suit

Date Filed

October 10, 2024

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