Friday, April 7, 2017

Bebe to close 21 locations

In a move to avoid filing Chapter 11, Bebe is planning to shutter approximately 12% of its stores.
According to a filing the chain made on April 4 with the Securities and Exchange Commission, Bebe is trying to conduct turnaround efforts that include closing its stores and shifting its focus entirely online — another option that would eliminate the need to file for Chapter 11 bankruptcy protection.. . . more

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