Gordon Brothers Group & Hilco Merchant Resources to close Simply Fashion and Dots stores
Gordon Brothers Group and Hilco Merchant Resources announced today that they will begin going-out-of-business sales at Simply Fashion and Dots retail locations nationwide beginning today, May 7th. Gordon Brothers Group and joint venture partner, Hilco Merchant Resources, will oversee the going-out-of-business sales on behalf of Simply Fashion and Dots. Simply Fashion, a Birmingham-based women’s fashion discount retailer, filed for Chapter 11 protection on April 20, 2015 and on May 6, 2015, Gordon Brothers Group’s retail division and Hilco Merchant Resources were awarded the store closing process by the bankruptcy court. Simply Fashion currently operates approximately 243 retail locations under the Simply Fashion and Dots banners. Store closing sales will offer discounts of up to 30% on all merchandise. Store furniture, fixtures, and equipment will also be for sale.
A representative of the joint venture, said: “We anticipate that this will be a short sale due to the outstanding savings and the desirable assortment of fashions and accessories. Consumers are encouraged to shop early while the selection is best.”
