Consumer
Paper Goods Maker for Trader Joe’s, Kroger Files Bankruptcy
This article is for subscribers only.
Royal Paper, a maker of bath tissues, paper towels and napkins sold at Whole Foods, Trader Joe’s and Kroger, filed for bankruptcy and has agreed to a deal to sell its business.
The Phoenix, Arizona-based company and its corporate affiliates sought court protection Tuesday in Delaware, listing assets and liabilities each of between $100 million and $500 million in its Chapter 11 petition.