Friday, October 19, 2018

David's Bridal flirts with possible bankruptcy after skipping debt payment

USA Today
The nation's leading wedding retailer is flirting with the possibility of bankruptcy protection, which often involves some store closures, after skipping a key debt payment.

David's Bridal, whose tight grip on the wedding business has loosened in recent years amid digital competition and declining marriage rates, failed to make a key loan payment Monday.. . . more