Rosa’s Files for Chapter 11
Posted on Jan 7, 2011 4:30pm PST
The parent company of Rosa's Home Stores has reportedly filed for Chapter 11 bankruptcy protection. According to reports, Rosa's will remain open and operating its four stores. It is being reported that the company listed liabilities between $1 million to $10 million and assets in the same range. Unfortunately, some of the employees have been let go.
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