Mrs. Fields Files for Chapter 11



As they say, that's the way the cookie crumbles.

Mrs. Fields, the cookie company started by Debbi Fields Rose more than 30 years ago, announced Friday it plans to file for Chapter 11 protection.

The company, which includes frozen-yogurt shop TCBY, has plans to restructure.

Rose, married to former Promus Hotel chairman Michael Rose, started the company in 1977 in Palo Alto, California. She later sold it in 1997, and the corporate headquarters are now based in Salt Lake City, Utah.

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