Bankruptcy RSS

Bankruptcy, Closures, Fashion -

I'm sure many of Cache's loyal customers are wondering why Cache closed its stores so suddenly? Well, unfortunately the popular New York based company filed for a Chapter 11 bankruptcy. However, the Cache brand was purchased out of bankruptcy by The Cato Corporation, a leading fashion retailer. Lets hope they keep the same style and quality. Cache is among several other retailers like Wet Seal, Deb, and Cold Water Creek; who all filed bankruptcy over the last couple of years. Could your favorite retailer be next? Let's hope not.  Some may ask what happens to the store credits and gift cards once a...

Read more