coronavirus pandemic, and said it has a deal lined up to sell the company.Lucky said it plans to close 13 stores and could shutter more during the bankruptcy process.Los Angeles-based Lucky filed for Chapter 11 protection on Friday in federal bankruptcy court in Delaware.
Reitmans closing Thyme Maternity, Addition Elle brands amid restructuring In a court filing, chief restructuring officer Mark Renzi described a proposal to sell Lucky to buyers led by apparel retail operator SPARC Group for $140.1 million in cash and $51.5 million in credit.