Brookstone
Brookstone applied for bankruptcy in August 2018. CNBC said that the company announced its plans to shut down 101 stores across the United States. The company is famous for home items and tech products. It is also looking for a buyer, although the sale will be limited to airport stores, wholesale operations, and e-commerce businesses. We wish the company the very best.
Brookstone
Rockport
Rockport is yet another footwear retailer on the list. It filed for bankruptcy in May 2018. A private-equity group called Charlesbank Capital Partners bought it in July 2018. The company that acquired Rockport has experience with businesses like Princeton Review, Shoppers Drug Mart, and Papa Murphy’s Take ‘N’ Bake Pizza Stores. That is quite a diverse portfolio. Let us see if it can help Rockport bounce back.
Rockport