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ShopHQ Faces Bankruptcy Risk Amid Supplier Payment Disputes

1/9/2026

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Story summary
  • ShopHQ, owned by billionaire Manoj Bhargava, faces allegations of not paying suppliers, including Morris & David Jewelry which claims it is owed $200,000.
  • The network laid off staff and shut down in April 2025, and relaunched online in October 2025 amid rising e-commerce competition.
  • David Yeroshalmi reports ongoing non-payment for shipped goods, risking bankruptcy for his business, while Arena Group has not commented.