The company has filed for bankruptcy.
The notice said the retailer is eliminating 9,236 positions across the United States. In Pennsylvania, the layoffs are set to begin on April 14 and end on August 11 and will affect 15 stores in nine counties in the state. The Worker Adjustment and Retraining Notifications did not specify when the layoffs would begin or how many stores would be affected in other states.
David's Bridal told CNN Business that the company is"evaluating our strategic options and a sale process is underway." It also said all of its stores currently remain open. The layoffs come as problems grow for David's Bridal, which is reportedly filing for bankruptcy for the second time in five years, according to The New York Times, which cited people familiar with the matter. The Times said the retailer could be exploring a sale as part its restructuring plan.
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David’s Bridal looks to sell company, stays mum about possible layoffs“We are evaluating our strategic options and a sale process is underway,” the company said in a statement to FOX Television Stations.
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David's Bridal laying off over 9,000 workers | CNN BusinessDavid's Bridal, one of largest sellers of wedding gowns in the United States, is laying off thousands of workers nationwide, according to a notice filed to the Pennsylvania Department of Labor.
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David's Bridal files for Chapter 11 bankruptcyDavid's Bridal said it is looking to sell the company, but in the meantime, stores are open and fulfilling orders for brides without disruption or delay.
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David's Bridal files for Chapter 11 bankruptcyDavid's Bridal said it is looking to sell the company, but in the meantime, stores are open and fulfilling orders for brides without disruption or delay.
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David’s Bridal files for Chapter 11 bankruptcy as it looks for buyerThis is the second time in five years that David's Bridal has filed for Chapter 11 bankruptcy.
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David's Bridal files for Chapter 11 bankruptcyDavid's Bridal said it is looking to sell the company, but in the meantime, stores are open and fulfilling orders for brides without disruption or delay.
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