Mishti Holdings LLC, the parent company of gourmet candy shop Lolli & Pops, filed for Chapter 11 bankruptcy protection on August 13. Lolli & Pops has 69 stores nationwide, with all but two located in traditional shopping malls. The company listed between $1 million and $10 million in liabilities and $500,000 to $1 million in assets. The company partnered with major mall owner General Growth Properties (GGP) in 2017 to open 40 stores in their malls. GGP, now owned by and known as Brookfield Properties, has reportedly locked the retailer out of several locations nationwide. Multiple stores' employees were locked out this week with signage on at least one store saying “notice of temporary lockout for nonpayment of rental.” The retailer, which sold premium chocolates, candy and other dessert items, has Atlanta area locations in Perimeter Mall in Dunwoody and North Point Mall in Alpharetta, both of which are Brookfield owned malls.
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| The Lolli & Pops "Forever" jar that is actually only good for 52 weeks |