Jump to content

Brookstone files for bankruptcy and will close all of its mall stores


Recommended Posts

https://money.cnn.com/2018/08/02/news/companies/brookstone-bankruptcy/index.html

 

Quote

The mall and airport seller, best known for massage chairs, quirky gadgets, and travel luggage, filed for Chapter 11 bankruptcy in federal court on Thursday. It was Brookstone's second bankruptcy round in four years.
 

The company will keep its 35 airport stores and website open and running while it attempts to find a buyer.

 

It has secured a $30 million loan to finance operations during the sale. In a bankruptcy filing, Brookstone said it had liabilities totaling up to $500 million and assets between $50 to $100 million.

 

Link to comment
Share on other sites

Brookstone will always have a soft spot in my heart because the one in my local mall always had a demo hammock set up so I would lie down in it while my parents shopped.

 

Later in life, I appreciated the lengths they would go to pretending they weren't selling you a vibrator.  

 

"Hop in the shower and feel your tensions melt away..."

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

 Share

  • Recently Browsing   0 members

    • No registered users viewing this page.
×
×
  • Create New...