Connect with us

Headlines

Brookstone Emerges from Bankruptcy

Airport locations will remain open

Published

on

Brookstone (Merrimack, N.H.) has exited bankruptcy court, with the court approving the retailer’s reorganization plan.

That plan includes selling the company’s e-commerce and wholesale business as well as all intellectual property to a partnership formed by private equity firm Bluestar Alliance (New York) and electronics manufacturer Apex Digital (Mason, Ohio). 

According to Women’s Wear Daily, the deal is worth $65 million and saves about 30 of Brookstone’s airport shops, the company’s website and about 300 jobs.

The company originally filed for bankruptcy in August 2018 and closed 102 of its retail locations.

Advertisement

SPONSORED VIDEO

Exclusive Webinar: Beyond Digital Signage Onto Digital Experiences - Vision Over History

Watch this exclusive webinar and join Epson on a journey to discover the ways in which the creative community is embracing projection technology and how projection is being used to transform spaces into immersive, magical and awe-inspiring experiences.

Promoted Headlines

Most Popular