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Home Plus on Brink of Bankruptcy | Boise News
Home Plus, the struggling retail giant, is racing against time to avoid bankruptcy after shutting down 37 stores and running out of cash—leaving just 67 locations open and all operations suspended. Bought by MBK Partners in 2015, the company has hemorrhaged money and entered court-supervised rehab, only to fail in finding a buyer. With no funding secured and a July 20 deadline looming, Home Plus is begging Meritz Financial for a $130 million lifeline—failure could mean thousands of job losses and the end of the company as we know it. Listen in comfort:Get a discount on a Soli Pillow…
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