Large Retailers Which Have Filed For Bankruptcy
Brookstone
Brookstone started out as a humble mail order business in the mid-60’s, selling specialty tools mostly to dentists and dental offices. Its first brick and mortar store was opened in 1973, and by 2011, it had 150 locations in the United States. Through the years, it has also expanded its merchandise, carrying a wide variety of gadgets and products, including accessories for smartphones and tablets, alarm clocks, and countless others.
Brookstone filed for bankruptcy for the first time in 2014 and was purchased by a Chinese investment firm soon after. It filed for bankruptcy again in 2018 and has since closed over a hundred of its storefronts.
You must be logged in to post a comment Login