Iconic bathroom tissue brand plans sale to rival in bankruptcy
The sanitary paper producer filed for bankruptcy protection to sell its assets.
When the Covid-19 pandemic devastated the retail sector beginning in March 2020, sanitary paper companies benefited from the call to accelerate their toilet paper, paper towel, facial tissue, and napkin production to meet huge demand from the public.
People were stocking up on all of the different sanitary paper products, as many workers had transitioned to remote work at home and a large percentage of the workforce began using more at-home paper products instead of the sanitary paper offered at work.