B. Riley Chairman Stricken with Personal Disappointment as FRG Enters Bankruptcy

In a recent turn of events within the financial world, B. Riley Financial Chairman, Bryant Riley, has expressed profound disappointment as Franchise Group Inc. (FRG) filed for Chapter 11 bankruptcy. The retailer, which operates various brands under its umbrella, including The Vitamin Shoppe, filed for bankruptcy on November 3, 2024, citing significant financial challenges exacerbated by unfavorable market conditions and increased competition.

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