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Pain From Toys ‘R’ Us Liquidation Spreads to Hain Celestial

Craig Giammona, Justina Vasquez
Pain From Toys ‘R’ Us Liquidation Spreads to Hain Celestial

The bankruptcy of the world’s largest toy retailer isn’t just causing headaches for toy companies: Organic food producer Hain Celestial Inc. is also feeling some pain. Hain, known for selling tea and snacks, included $897,000 of “bad debt” from Toys “R” Us as part of its adjusted profit numbers in its