This Christmas tree and lights company has been around for 50 years — now it's filing for bankruptcy

Gordon Companies, a business specializing in Christmas trees and lights for 50 years, has filed for bankruptcy. The filing occurs as the holiday season begins. The company attributes its financial collapse to years of order fulfillment failures, which were directly tied to a failed vendor. This operational struggle has led the long-standing company to seek bankruptcy protection despite the typical seasonal increase in demand for its holiday products and decorative lighting services.