It’s official.
After 10 days of speculation that David’s Bridal LLC, the one sizable U.S. bridal retail chain, was nearing bankruptcy, the corporate has done so in the U.S. Bankruptcy Court for the District of Latest Jersey. The 70-year-old business expects to file a recognition proceeding in Canada, as well, and one among its subsidiaries is planning to start out administration proceedings for its business within the U.K.
With 300 stores – mostly within the U.S. — the news may concern hundreds of brides, bridesmaids and prom-goers with existing orders or plans for David’s Bridal purchases. The corporate said its stores will remain open, and it “intends to proceed operating within the strange course, including by fulfilling all customer orders without disruption or delay.”
Nevertheless, staffing and customer support...
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