David's Bridal says the potential bid would save about 7,000 jobs and keep about 195 stores open.
On Tuesday night, the company told 6abc it is in "advanced discussions" with an interested bidder for certain of its assets.A hearing is scheduled for next month.
The company previously filed for bankruptcy in 2018 after being laden with growing debt and declining sales of wedding dresses. It emerged from bankruptcy in 2019 as it continued to try to fix the business."As shared in court, David's Bridal is in advanced discussions with an interested bidder for certain of our assets. This potential bid would save approximately 7,000 jobs of our hardworking dream makers across the country and result in the continuation of nearly 195 stores.
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