Wren Kitchens Files for Bankruptcy and Closes U.S. Operations
Wren Kitchens, a UK-based company, has filed for Chapter 7 bankruptcy and shut down all 15 of its U.S. retail stores, primarily on the East Coast. The company had a strategic partnership with Home Depot, which was unaware of the closure plans. A class action lawsuit has been filed against Wren Kitchens for alleged violations of the WARN Act.
Tickers: $HD
Topics: bankruptcy legal issues retail store closures WARN Act