Per the Wall Street Journal this AM it looks the the private firm that bought out Steve & Barry's and planned on keeping some of the stores open and running is throwing in the towel. Here is the part of the print story that is available on line.
The story goes on to say that a liquidator has been hired but gives no time line other than soon of the final closure dates. I am sure it will vary some by location.
In six months, Steve & Barry's LLC went from a national retail phenomenon to a midsummer bankruptcy collapse to a new lease on life.
Now, fewer than three months after a private-equity firm and hedge fund acquired the discount clothing chain out of bankruptcy for $168 million, it stands on the brink of liquidation.
The 275-unit Port Washington, N.Y., chain, which gained national prominence with fashion lines by celebrities such as actress Sarah Jessica Parker and surfer Laird Hamilton, ...
For the record NEBUGEATER does not equal BUGEATER !!!!!!!
