David's Bridal Files For Bankruptcy as Wedding Industry Struggles
- David's Bridal, the largest wedding retailer, has filed for bankruptcy in hopes of finding a buyer to take over the struggling company.
- David's Bridal has 294 stores and employs 10,000 people, though it may be forced to wind down operations if no buyer emerges.
- The wedding industry has suffered due to COVID-19 limiting ceremonies and celebrations.
- David's Bridal emerged from bankruptcy in 2018 but was hurt again by the pandemic.
- The company has laid off over 9,000 employees as part of a restructuring plan.