World News in Dutch

Gordmans stores attract 2 bidders in bankruptcy court

(AP) — The Gordmans bankruptcy has attracted two bidders who want to keep at least some of the company's 106 discount department stores operating.

The Omaha, Nebraska-based company, filed for bankruptcy protection last week and announced plans to liquidate its inventory after posting losses in five of its last six quarters.

[...] Gordmans said in its initial Chapter 11 bankruptcy filing that dozens of potential buyers had already looked at the company's assets in recent months and no deals were made.

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