Video: Page (1) of 1 - 04/03/14

Video: Mall Staple Brookstone Seeks Bankruptcy Cover

By Clip Syndicate

Brookstone, a staple in malls and airports nationwide, is seeking Chapter 11 bankruptcy protection as part of its $147 million sale to Spencer Spirit Holdings. The purveyor personal massagers, iPad keyboards and other quirky gadgets, said Thursday that its 240 stores will remain open and business will continue as usual. Brookstone, which was punished by a more pragmatic consumer during the recession and then by growing online completion, has watched sales decline sharply.




Related Keywords:New Hampshire, Chapter 11, Title 11, United States Code

Source:Wochit. All Rights Reserved

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