Citing soft retail sales and other ills, national bridal retailer David’s Bridal filed for reorganization under Chapter 11 of the federal bankruptcy laws on Monday.
The blow fell days after the chain announced it would lay off more than 9,000 workers over the next few months, according to CBS.
The company filed for Chapter 11 reorganization in November 2018 seeking to get out from under $400 million in debt. The company exited its reorganization in January 2019.
“An increasing number of brides are opting for less traditional wedding attire, including thrift wedding dresses,” David’s Bridal said in a filing, according to CNN.
“The demand for formal wedding dresses, bridesmaid dresses, and related accessories has decreased substantially in the current environment,” the filing said.