David's Bridal Files For Second Bankruptcy In 5 Years, To Lay Off 9,200 Workers

Source: https://www.zerohedge.com/markets/davids-bridal-files-second-bankruptcy-5-years-lay-9200-workers
Published: Apr 18, 2023
Author: Tyler Durden
Post Date: 2023-04-18 00:26:35 by Horse
Views: 164

Bridal retailer David's Bridal is going to be laying off more than 9,200 workers nationwide but plans on staying open after filing for bankruptcy for the second time in just five years.

As the chain gets ready to deal with a busy prom and wedding season, a notification of the layoffs was filed with the Department of Labor in Pennsylvania, according to NJ.com.

Layoffs started in Pennsylvania on Friday and its unclear when additional, out of state layoffs would take place, the report notes. The company currently has 300 stores across the United States.


Poster Comment:

I once told a chauffeur who was driving around pretty girls taking fashionable photos in new dresses, "The last man to go bankrupt will be the guy selling expensive dresses to pretty girls."

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#1: StraitGate    To: Horse (#0)

The Wedding Industrial Complex is a racket.

Venue, flowers, expensive one-time-wear dresses for bride and her maids, clown suits for groom and his friends, disc jockey, photographer, caterer, etc. -- all overpriced and unnecessary to get properly hitched.

StraitGate posted on 2023-04-18 07:37:03   Reply   Private Reply


#2: Esso    To: StraitGate (#1)

The Wedding Industrial Complex is a racket.

Smedley StraitGate.

Esso posted on 2023-04-18 08:05:59   Reply   Private Reply