…with brief, occasional, italicized and sometimes gratuitous commentary…
• The Wall Street Journal reports that specialty retailer Brookstone “is shopping for bankruptcy financing to fund its business if it files for chapter 11 protection … The retail chain is seeking a roughly $50 million to $60 million loan to keep the business afloat,” and while the situation is said to be “fluid,” a bankruptcy filing could come soon. Another alternative would be a shuttering of unprofitable stores in its fleet of about 140.
Brookstone still is in business? Who knew?
• The Wall Street Journal reports that specialty retailer Brookstone “is shopping for bankruptcy financing to fund its business if it files for chapter 11 protection … The retail chain is seeking a roughly $50 million to $60 million loan to keep the business afloat,” and while the situation is said to be “fluid,” a bankruptcy filing could come soon. Another alternative would be a shuttering of unprofitable stores in its fleet of about 140.
Brookstone still is in business? Who knew?
- KC's View:
