Destination Maternity Corp., owner of such retail brands as A Pea in the Pod and Motherhood, has voluntarily filed for Chapter 11 bankruptcy protection in the United States Bankruptcy Court for the District of Delaware and plans to shutter 183 stores. The move comes after the Moorestown, New Jersey, retailer has struggled for years to regain its footing for in-store and online sales of its maternity apparel. Destination Maternity (NASDAQ: DEST), which has its stock trading at 18 cents a share as…
from Charlotte Business News - Local Charlotte News | Charlotte Business Journal https://www.bizjournals.com/charlotte/news/2019/10/23/destination-maternity-files-for-bankruptcy.html?ana=RSS&s=article_search
No comments:
Post a Comment