Coats: Other countries may try to interfere in U.S. elections

coats other countries may try to interfere in u s elections
Coats: Other countries may try to interfere in U.S. elections

Brookstone files for bankruptcy, to close all remaining mall stores

Brookstone Co. Inc. said Thursday it has filed for bankruptcy, to facilitate the sale of the specialty travel and entertainment products retailer. The company said it has begun a process to close its remaining 101 mall stores, citing continued deterioration of retail mall traffic, while it will continue to operate its airport, e-commerce and wholesale businesses. “Today we have taken several important steps to restructure the business and ensure that Brookstone will be well-positioned to succeed for years to come,” said Chief Executive Piau Phang Foo. The company said it has secured $30 million in post-petition financing to support its operations during the sale and restructuring process. The bankruptcy comes as the SPDR S&P Retail ETF has rallied 20.3% over the past 12 months and the S&P 500 has gained 13.6%.

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