Source: IMARKETREPORTS

Deb Shops: Retailer Deb Prepares for Going-Out-Of-Business Sales

By Peg Brickley Stock Market Quotes, Business News, Financial News from www.commodities-report.comDeb Shops is planning a Jan. 6 auction where other liquidators will be invited to vie with Gordon Brothers Retail Partners and Hilco Merchant Resources for the right to run going-out-of-business sales for the young women's retail chain.The mall-based retailer filed for bankruptcy protection Thursday. The next day, it went before a judge to nail down financing to see it through a last, fast month of operations before the liquidators march in.It's shaping into a busy holiday season for Gordon Brothers and Hilco, which have jointly offered to pay between $37 million and $41 million for the right to liquidate Deb Shops. They're also the chosen liquidators for Delia's, another teen fashion retailer that is headed toward baThe post Retailer Deb Prepares for Going-Out-Of-Business Sales appeared first on iMarketReports.

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Est. Annual Revenue
$25-100M
Est. Employees
250-500
CEO Avatar

President & CEO

Mark Hoffman

CEO Approval Rating

69/100

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