Wednesday, March 22, 2017

Fashion retailer Bebe plans to close all stores, focus on online sales

Bebe Stores Inc. is planning to shutter its locations and become an online-centric retailer, according to Bloomberg. Citing unnamed sources, the report says the Brisbane, California-based women’s retailer is trying to close the stores without filing for bankruptcy. Bloomberg ’s sources say, however, that a Chapter 11 filing will be necessary if landlords aren’t willing to negotiate. Bebe operates about 170 locations, including three stores in Maryland. The stores are located in Westfield Montgomery,…



from http://www.bizjournals.com/baltimore/news/2017/03/22/fashion-retailer-bebe-plans-to-close-all-stores.html?ana=RSS%26s=article_search
via http://baltimorecheckbook.tumblr.com/post/158706209412

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