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ABC Carpet & Home Files for Bankruptcy

As we settle into the new year, our Sourcing Summit Companion Report looks ahead at ways to optimize processes and performance.

A month after ABC Carpet & Home landed on bankruptcy watch, the New York City home furnishings institution officially sought Chapter 11 protection Wednesday. The retailer filed in U.S. Bankruptcy Court in the Southern District of New York, listing assets of up to $50 million and as much as $100 million in liabilities in its…

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