Publishers Sue Family Christian Stories Over Inventory

Family Christian Stores (FCS) is filing bankruptcy with the desire to claim several million dollars worth of inventory that they haven’t purchased. Publishers, who consigned that inventory to FCS, is suing to have their merchandise returned or purchased.

“As the nation’s largest retailer of Christian books and gift items with 266 stores in 36 states, Family Christian said it needed to restructure its debt in the face of sales that had fallen from $305 million in 2008 to $230 million in 2014,” reports Jim Harger.

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