Beauty Brands
Beauty Brands applied for Chapter 11 on January 4, 2019. Apparently, the beauty retailer sold some of the assets already. Bob Bernstein, an advertising icon who originally launched the brand, was reported to be the “stalking horse bidder.” He will end up with the company if no one comes up with a higher offer.
Beauty Brands
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Shopko
Shopko filed for bankruptcy on January 16, 2019. It planned to shut down 70 percent of retail stores from February to May 2019 as it reorganized. Shopko’s spokesperson Michelle Hansen said, “Through our conversations with the potential buyers, it has become clear that it is in our best interest to operate with a significantly smaller store footprint.”
Shopko
