Orchard Brands Files Chapter 11

| MCM staff

Orchard Brands, which has been on the market since the fall, is restructuring: The multititle mailer on Jan. 19 filed a voluntary petition for Chapter 11.

Harry & David in Desperate Need of More Capital

| Tim Parry

The holiday season was not a happy one for Harry & David Holdings, and the company said yesterday it will not be able to finance continuing operations without securing new capital and restructuring its obligations.