Full List of Wilsons & Bass Stores Closing + Liquidation Sales. Wilsons sold its name, website and all 116 outlet locations to New York-based clothing company, G-III Apparel Group Ltd. for $22.3 million in July. The company has hired Hilco Global to assist in the liquidation of these stores, which will begin immediately or as stores reopen. (Daniel Urie, PennLive). For a number of struggling retailers the pandemic just brought on the inevitable faster. Bass stores, as part of a restructuring effort that will result in the company putting more emphasis on its wholesale operations. The chain's 100 remaining mall-based stores will close by the end of October, though some have already gone dark. Pier 1 Imports is closing its store in Camp Hill. Now known as PreVu Inc., the Brooklyn Park-based specialty retail chain said it has been unable to obtain the capital or financing needed to continue its plan to turn its 100 mall stores into accessories boutiques. Wilsons Leather The owner of Wilsons Leather, G-III Apparel Group, Ltd. announced this year it was closing all of its 110 Wilson stores. Bass stores — will help curb costs long-term. The company lacks sufficient liquidity to continue operating in the ordinary course of business.”. Portrait Innovations closed abruptly at the Shoppes at Susquehanna Marketplace in Susquehanna Township in January. It's unclear whether the chain has enough money to pay off the mall leases it has signed or whether it's headed for bankruptcy court. (Daniel Urie, PennLive), Art Van Furniture/Levin Furniture/Wolf Furniture. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Advance Local. We believe that this restructuring plan will enable us to greatly reduce our retail losses and to ultimately have this segment become profitable.”, The Bass Factory Outlet store in Derry Township is closing. Among the 110 stores include locations at Tanger Outlets Hershey in … Some of the stores were later purchased out of bankruptcy. The store closures — 110 Wilsons Leather stores and 89 G.H. “We have completed a comprehensive review of our retail operations segment,” Morris Goldfarb, G-III’s chairman and chief executive officer said in a statement in June. Bass stores and have entered into agreements for … Wilsons Leather Pelle Studio women's Black Leather sleeveless Top Size Large. Stein Mart had 281 stores in 30 states at the time it filed for bankruptcy. “This is not the outcome we expected or hoped to achieve,” CEO and CFO Robert Riesbeck told House Beautiful Magazine. The Ascena Retail Group announced in November that “a wind down of all Justice locations is expected to conclude by early 2021.” The Ascena Retail Group filed for Chapter 11 bankruptcy in July. This is certainly not the outcome I wanted, and it is one of the most difficult days of my life. More from WWD TOP sale closings liquidation jezebel wilsons leather Reader L is an employee of Wilson’s Leather and has the following to report from inside the liquidation. Registration on or use of this site constitutes acceptance of our User Agreement, Privacy Policy and Cookie Statement, and Your California Privacy Rights (each updated 1/1/20). One of Destiny USA's original businesses that opened when Carousel Mall opened in October 1990. (Michael Mancuso for NJ.com)TT Michael Mancuso | For NJ.com. Sign me up for Wilsons Leather Email Updates and get news, sales events, new arrivals and more! (Daniel Urie, PennLive). Bass stores. Sign me up for Wilsons Leather Email Updates and get news, sales events, new arrivals and more! Wilsons Vintage Black Leather Scoop Neck & Lattice Back Halter Top.. Sign me up for Wilsons Leather Email Updates and get news, sales events, new arrivals and more! Thursday's announcement was the end of a slow decline for the retailer, which got its start in 1899 when three brothers opened up a fur, wool and leather hide business in downtown Minneapolis. G-III to close 110 Wilsons Leather and 89 GH Bass stores 5 June 2020 (Last Updated June 5th, 2020 14:21) American clothing company G-III Apparel Group has announced the closure of 110 Wilsons Leather and 89 G.H. The clothing retailer was founded in 1960. G-III Apparel Group, owns Wilson Leather, G.H. Bass stores. G-III Apparel Group Ltd. is restructuring its retail operations segment and reducing its store portfolio to focus on its wholesale business. “The combined effects of a challenging retail environment coupled with the impact of the Coronavirus (COVID-19) pandemic have caused significant financial distress on our business,” Hunt Hawkins, chief executive officer of Stein Mart said in a statement at the time. Wilsons The Leather Experts Inc., which has four East Bay stores, has decided to close as many as 160 mall locations, about two-thirds of its total mall locations, the company announced Friday. The New York & Company store at the Destiny USA mall in Syracuse is one of 378 stores around the country that RTW Retailwinds Inc. may close after filing for Chapter 11 bankruptcy protection on Monday, July 13, 2020. Wilsons had hoped the deal with G-III, known mostly as a supplier of brand-name apparel, would provide the much-needed capital to remodel its stores and to give lenders confidence that the once-busy retailer could pull out of its free-fall. Edit. "I didn't see it coming," said the store manager, who said he has worked at the company through many ups and downs over the years. ’ s filing for Chapter 11 bankruptcy in August and announced it was closing all of its 110 stores! A general assignment business reporter who also writes about workplace issues and aging in 1990! 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