Brookstone Plans to Shut Most Stores in Bankruptcy Filing
- Some of gift retailer’s airport locations may remain open
- Company weighing second trip to bankruptcy court since 2014
Shoppers browse in a Brookstone Inc. store in New York in 2014.
Photographer: Craig Warga/Bloomberg
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Brookstone Inc., whose quirky products are a staple of airport shopping, is preparing to close most of its stores as part of a bankruptcy filing, according to people familiar with the matter.
A filing could come as soon as this month, said the people, who declined to be identified because the process isn’t public. The company is still evaluating its stores and may opt to keep locations open in airports, the people said. It plans to maintain its website and brand, one of the people said.