Simply Fashion Files for Bankruptcy to Liquidate Chain – Wall Street Journal

Women’s clothing chain Simply Fashion Stores Ltd. sought bankruptcy protection Thursday with plans to liquidate, the latest in a long line of women’s retailers to fall on hard times in the past year.

Simply Fashion, which has nearly 250 stores in 25 states, filed for Chapter 11 in U.S. Bankruptcy Court in Miami.

The family-run company, founded in 1991, built its business by taking advantage of fire sales in retail bankruptcies….


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