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David’s Bridal Files for Bankruptcy for Second Time in Five Years



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David’s Bridal, the retailer which boasts that it sells one out of three wedding dresses in the United States, filed for Chapter 11 bankruptcy on Monday and said it “intends to continue exploring a sale of all or some of its assets.”The company said it was planning to keep its roughly 300 locations open during the process, though it added that it would be evaluating its store base. It also said it would fulfill customers’ orders, an especially sensitive matter for a bridal retailer whose shoppers are facing the deadline of a wedding day.This is the second time in nearly five years that David’s Bridal has filed for bankruptcy protection. On Monday, the retailer said it was seeking authorization to honor obligations to important vendors, maintain some of its customer programs and continue paying its employees’ wages an …

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