Rockport Plans to Close All Its Retail Stores
The bankrupt shoe brand said that it expects the Charlesbank stalking horse bid to exclude its 60 North American stores and asked the Court to consider its Store Closing Sale Motion to quickly conduct GOB sales once the 25-day no liquidation period expires. There are currently 27 Rockport stores in the U.S. and 33 in Canada, including full-price and outlet stores. While Charlesbank has the option of purchasing any of the retail assets, Rockport noted that during the pre-filing process where it was shopping the company, there wasn’t much interest from anybody in taking on the store base. Rockport is ... Log in to view full article.