Convenience store chain files for bankruptcy
Eagles Investments Group Inc. filed for Chapter 11 bankruptcy protection to halt a foreclosure sale of certain properties.
The company listed assets and liabilities of up to $50,000.
The filing was made in the U.S. Bankruptcy Court for the Northern District of Alabama on May 8.
Convenience store chains face challenges due to rising product and labor costs driven by inflation, and some also struggle with a lack of electric vehicle charging stations.