David’s Bridal Files for Bankruptcy, May Close All Stores (2)

David’s Bridal LLC filed bankruptcy for the second time and could close all of its nearly 300 stores if the company is unable to find a buyer in the coming weeks.

The closely held company filed for Chapter 11 protection in New Jersey, unable to tame its debt despite a surge in weddings following Covid-19 restrictions and moves to expand into more affordable dresses. David’s listed its assets and liabilities of $100 million to $500 million in its bankruptcy petition.

David’s said its stores are open and the company will continue fulfilling all customer orders “without disruption or delay.” ...