Hobbico files for Chapter 7 bankruptcy, beginning liquidation proces...

Hobbico files for Chapter 7 bankruptcy, beginning liquidation process
Champaign/Urbana News-Gazette
CHAMPAIGN — After selling most of its assets, Hobbico has filed for Chapter 7 bankruptcy, i.e. liquidation, starting the final chapter of what was once one of the largest hobby distributors in the world. Its crosstown competitor Horizon Hobby bought ...