Beauty Brands
Beauty Brands ended up filing for Chapter 11 on January 4, 2019. Advertising icon Bob Bernstein founded the company and has expressed interest in buying it. He became the “stalking horse bidder” after replacing Hilco Merchant Resources for the position.
Beauty Brands
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Shopko
Shopko filed for bankruptcy on January 16, 2019. It hoped to shut down 70 percent of its stores from February to May 2019 while it reorganized at the same time. The company wanted to close 251 stores and leave 110 in operations. Spokesperson Michelle Hansen explained, “Through our conversations with the potential buyers, it has become clear that it is in our best interest to operate with a significantly smaller store footprint.”
Shopko