Mrs. Fields to file for Ch. 11

SALT LAKE CITY Heavy debt and slowed customer traffic in shopping malls have created a cash crunch for snack chain parent Mrs. Fields Famous Brands LLC, which said in a recent filing with federal regulators that it plans to file for Chapter 11 bankruptcy protection.

Mrs. Fields is the franchisor of the Mrs. Fields’ Original Cookies and TCBY brands. The majority of its of 1,268 locations in the United States and 21 foreign countries are located in shopping center

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