David’s Bridal Files for Bankruptcy Protection. Is Your Dress Safe?
Hard to believe, but, David's Bridal has filed for Chapter 11 bankruptcy protection. In these more grim economic times, I thought David's would be fine, because they offer more afforable dress options than most of the more high end bridal boutiques in the area, and they have a big selection. Well, according to USA Today, it's online sales that have hurt them and debt from a private-equity buyout a few years ago. There is good news though, they plan to stay open during their reorganization. So, if you're a Bride to Be that has a dress on order, breathe, it's going to be ok. They say not to worry, they'll continue doing business, as usual. Phew. They have assured all of their anxious customers that orders will be arriving on time, and appointments will go on as planned. They have more than 300 stores, including one on Route 1 in Lawrenceville, near Mercer Mall.