March 21, 2018
A creditor of bankrupt health supplement retailer Vitamin World Inc. on Wednesday asked the Delaware bankruptcy court to convert the company's Chapter 11 case to a Chapter 7, saying the company has no assets and no chance of rehabilitation.
December 21, 2017
The $28 million sale of the assets of health supplement retailer Vitamin World Inc. received court approval Thursday in Delaware, when the debtor and buyer agreed to delay issues raised over landlord leases to continue negotiations over the assumption and assignment of the leases at the purchased stores.
December 19, 2017
Bankrupt health supplement retailer Vitamin World Inc. told a Delaware judge late Monday that its stalking horse bidder was the only entity to make a qualified offer before the debtor's bid deadline, making its $28 million minimum offer the successful bid ahead of a planned asset auction.
December 08, 2017
A Delaware bankruptcy judge gave Vitamin World Inc.'s auction the nod Friday after a last-minute change that brought in a new stalking horse bidder and upped the floor price to $28 million, staving off previous fears the chain would have to liquidate all of its roughly 300 locations.
December 06, 2017
A group of mall owners on Wednesday objected to bankrupt health supplement retailer Vitamin World Inc.'s plan to sell off its retail operations, saying the company has to prove that transferring its store leases to a new, unknown owner won't harm landlords.
November 21, 2017
Bankrupt health supplement retailer Vitamin World Inc. will move ahead with plans to sell most of its stores as a going concern operation while liquidating the rest of its locations after receiving approval for the process from a Delaware federal judge on Tuesday.
November 14, 2017
Citing weak sales at dozens of its stores, bankrupt health supply retailer Vitamin World Inc. asked a Delaware court Tuesday to quickly lift most restrictions on liquidation sales and store abandonments.
November 07, 2017
Bankrupt health supplement retailer Vitamin World Inc. told a Delaware bankruptcy judge Tuesday that its post-petition sales have not lived up to expectations, forcing the company to pursue an immediate liquidation of half of its retail stores and the sale of its assets.