Bachrach, a menswear retailer that has operated since 1877, is closing its remaining 14 stores in eight states.
The Los Angeles-based chain had briefly emerged from its second bankruptcy in August 2017 after an earlier round of store closures, but filed for Chapter 11 for the third time on February 16, 2018.
Great American Group and Tiger Group are conducting the liquidations on behalf of the retailer’s creditors. For the next four to six weeks, online shoppers also will find discounts of up to 50% off at Bachrach.com.
The company hasn’t been owned by the Bachrach family since 2005, when it was purchased by private equity firm Sun Capital Partners. At that time Bachrach had 79 stores throughout the U.S.
The inventory being sold includes double-breasted, slim-fit, modern-fit and three-piece suits; dress shirts, sport shirts and sweaters; dress and casual pants; denim and jeans; coats, blazers and vests; and accessories such as ties, label pins, cufflinks and pocket squares, most of which are from the Bachrach brand.