Franchise Group, owner of retailers like Vitamin Shoppe, is set to become a private company. The retail holding company announced in a news release Wednesday (May 10) that it would be taken private by a group led by CEO Brian Kahn in a deal worth...
November 07, 2024
Franchise Group, owner of retailers like Vitamin Shoppe, started off this week by declaring bankruptcy. But as the company was collapsing, it paid insiders $5.75 million in bonuses to keep them in their jobs, Bloomberg News reported Thursday (Nov. 7). The report, which cited court documents related to the bankruptcy, said that other key employees […]
May 11, 2023
Franchise Group, owner of retailers like Vitamin Shoppe, is set to become a private company. The retail holding company announced in a news release Wednesday (May 10) that it would...