David’s Bridal has filed for Chapter 11 bankruptcy protection for a second time.
According to an ABC Action News report, the news comes after the company, which is one of the largest sellers of wedding gowns in the U.S., announced it would be eliminating over 9,200 positions across the country.
Recommended Videos
According to the Wall Street Journal, the Conshohocken, Pennsylvania-based retailer employs more than 11,000 workers.
This is the second time David’s Bridal has filed for bankruptcy protection in the last five years.
It previously filed for bankruptcy in 2018 due to growing debt and the declining sales of wedding dresses.
It emerged from bankruptcy in 2019.
Following the latest filing, David’s Bridal confirmed that it is looking to sell the company.
The retailer’s stores remain open, however, and they are reportedly still fulfilling orders without disruption or delay.