David's Bridal faces second bankruptcy and layoffs.

1 min read
Source: NPR
David's Bridal faces second bankruptcy and layoffs.
Photo: NPR
TL;DR Summary

Wedding retailer David's Bridal is filing for bankruptcy for the second time in five years, and is laying off 9,326 employees over four months due to the post-COVID environment and uncertain economic conditions. The company will still fulfill orders, and stores and its website will remain open. The wedding industry has been impacted by societal changes, such as couples marrying later and having smaller weddings, and women buying dresses online and secondhand.

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