Brookstone In The Maine Mall To Close After Filing For Bankruptcy
Brookstone, an incredible store to peruse for the latest in fun gadgets, is filing for Chapter 11 bankruptcy as plans to close all retail stores that operate in malls. That, of course, will include their Maine Mall location.
According to WMTW, the company is carrying too much debt and can no longer support the more than 100 retail locations they have nationwide. There is potential that Brookstone remains operation as an online retailer and is hopeful that their locations in airports can also stay operational.
The company was founded in 1973 and for many years was based out of Merrimack, New Hampshire.