David’s Bridal is restructuring, but this won’t stop brides from getting their dresses, the company announced Monday after filing Chapter 11 bankruptcy in Delaware that morning.
It plans to cut debt by more than $400 million, and stay open in the process.
The company emphasized that it will continue operating its online and brick-and-mortar stores, and that all orders and alterations will be delivered as promised.
The Conshokocken, Penn.-based company operates 300 stores nationwide including nine in New Jersey, with locations in Totowa, Springfield, Paramus, Mays Landing, Maple Shade. Lawrenceville, Freehold, East Brunswick and Deptford.
David’s Bridal did not respond to a request for comment by press time.